{"name":"THURLESTONE SHIPPING LIMITED","company_number":"05103782","status":"Active","type":"Private Limited Company","incorporated":"2004-04-16","dissolved":null,"registered_office":"5 Market Yard Mews, 194-204 Bermondsey Street, London, England, SE1 3TQ","postcode":"SE1 3TQ","sic_codes":[{"code":82990,"description":"Other business support service activities not elsewhere classified"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Small","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":33,"accounts_date":"2022-12-31"},"financials":[{"financial_date":"2022-12-31","net_assets":286315,"cash":567502,"average_employees":33},{"financial_date":"2021-12-31","net_assets":409214,"cash":804717,"average_employees":30},{"financial_date":"2020-12-31","net_assets":668543,"cash":702934},{"financial_date":"2019-12-31","net_assets":895568,"cash":366286},{"financial_date":"2018-10-31","net_assets":1171635,"cash":756622}],"officers":{"current":4,"resigned":10,"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":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Thurlestone Shipping Limited operates as a mid-tier London shipbroking business within a broader international group structure, but its financial trajectory is deeply concerning. Net assets have declined by approximately 75% from £1.17M in 2018 to £286k in 2022, with the P&L reserve also deteriorating, suggesting persistent losses or significant dividend extraction rather than retention of earnings. While the company benefits from long market experience and group treasury support, its thin equity base relative to total assets and secured borrowings creates material financial fragility that would place it at a competitive disadvantage against better-capitalised broking houses when competing for principal mandates.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/thurlestone-shipping","people":"https://www.companiesintheuk.co.uk/company/thurlestone-shipping/people","filing_history":"https://www.companiesintheuk.co.uk/company/thurlestone-shipping/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/05103782","financials":"https://www.companiesintheuk.co.uk/company/thurlestone-shipping/financial","control":"https://www.companiesintheuk.co.uk/company/thurlestone-shipping/control","charges":"https://www.companiesintheuk.co.uk/company/thurlestone-shipping/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/thurlestone-shipping/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/thurlestone-shipping"}