{"name":"MARINA TECHNICAL SERVICES LIMITED","company_number":"02381212","status":"Active","type":"Private Limited Company","incorporated":"1989-05-09","dissolved":null,"registered_office":"Unit 5d Blacknest Industrial Park, Blacknest, Alton, Hampshire, England, GU34 4PX","postcode":"GU34 4PX","sic_codes":[{"code":42990,"description":"Construction of other civil engineering projects not elsewhere classified"}],"principal_activity":null,"previous_names":[{"name":"THAMES VALLEY DREDGING LIMITED","changed_on":"2006-11-23"},{"name":"RUNTAP LIMITED","changed_on":"1989-11-20"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"30 September","last_made_up_to":"2025-09-30","next_due":"2027-06-30"},"employees":{"count":0,"accounts_date":"2025-09-30"},"financials":[{"financial_date":"2025-09-30","net_assets":1102766,"cash":41314,"average_employees":0},{"financial_date":"2024-09-30","net_assets":1070303,"cash":0,"average_employees":0},{"financial_date":"2023-09-30","turnover":61195,"net_assets":1037944},{"financial_date":"2022-09-30","turnover":68375,"net_assets":1005585},{"financial_date":"2021-09-30","turnover":67550,"net_assets":972980}],"officers":{"current":2,"resigned":3,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Marina Technical Services Limited represents a classic dormant asset scenario: substantial capital resources (£2.3M assets, £1.07M net equity) generating negligible commercial returns (£53.9K revenue, declining). The strategic decision facing the [name withheld] family is binary—either reactivate the marine engineering capability to capture UK infrastructure spending opportunities, or rationalize the asset base to extract shareholder value. The current trajectory of declining revenue with slowly appreciating net assets through liability reduction is financially sustainable but strategically suboptimal, representing significant opportunity cost against the capital employed. Immediate priorities should include a formal strategic review of asset utilization options and governance succession planning to protect long-term family wealth.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/marina-technical-services","people":"https://www.companiesintheuk.co.uk/company/marina-technical-services/people","filing_history":"https://www.companiesintheuk.co.uk/company/marina-technical-services/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02381212","financials":"https://www.companiesintheuk.co.uk/company/marina-technical-services/financial","control":"https://www.companiesintheuk.co.uk/company/marina-technical-services/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/marina-technical-services/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/marina-technical-services"}