TARGE TOWING LIMITED - Profile & Financials

Accounts Submitted 24 Jun 2025

Confirmation Statement Submitted 9 May 2025

Net assets £45.19M £11.92M 2024 year on year

Total assets £50.34M £13.80M 2024 year on year

Total Liabilities £5.15M £1.88M 2024 year on year

Charges 16

1 outstanding 15 satisfied

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Contact & Details

Contact

Update Details

Registered Address

1 Prince Of Wales Dock Edinburgh Midlothian EH6 7DX

Office ()

Dundee, Dundee City, United Kingdom, Europe

Telephone

0013 828 78136

targeops@targetowing.co.uk

Website

targetowing.com

Credit Report

Discover TARGE TOWING LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

N/A

Net Assets

£45.19M

Increased by £11.92M (+36%)

Total Liabilities

£5.15M

Increased by £1.88M (+58%)

Turnover

£23.04M

Increased by £1.00M (+5%)

Employees

Increased by 4 (+8%)

Debt Ratio

10%

Increased by 1 (+11%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

5 active 8 resigned

Show resigned officers

						Status
Nicholas Rodger Vause Dorman	Director	British	Scotland	61	30 Aug 1991	Active
Pamela June Smyth	Secretary	Unknown	Unknown	—	8 Jan 2021	Active
Stuart Alastair Macgregor	Director	British	United Kingdom	55	9 Dec 2024	Active
Stuart James Wallace	Director	British	Scotland	55	8 Jan 2021	Active
Thomas Richard Woolley	Director	British	Scotland	79	17 Jun 1991	Active

Shareholders

Shareholders (4)


Forth Ports Limited	15.0%	15	Ordinary A	13 May 2021
Thomas Richard Woolley	0.0%	0	Ordinary B	13 May 2021
Nicholas Roger Vause Dorman	0.0%	0	Ordinary A	13 May 2021

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Forth Ports Limited

United Kingdom

Active

Notified 8 Jan 2021

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Thomas Richard Woolley

Ceased 8 Jan 2021

Ceased

See All Controllers

Group Structure

FORTH PORTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

OTTER PORTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

OTTER PORTS II LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

OTTER PORTS I LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

OTTER PORTS HOLDINGS LIMITED cayman islands

TARGE TOWING LIMITED Current Company

Charges

1 outstanding 15 satisfied

Documents

Company Filings

Date	Category	Description	Document
24 Jun 2025	Accounts	Annual accounts made up to 2024-12-31	View(25 pages)
9 May 2025	Confirmation Statement	Confirmation statement made on 2025-05-09 with no updates	View(3 pages)
9 Dec 2024	Officers	Appointment of Stuart Alastair Macgregor as director on 2024-12-09	View(2 pages)
15 Nov 2024	Officers	Termination of Carole Jean Cran as director on 2024-11-08	View(1 page)
5 Jul 2024	Officers	Termination of Charles Graham Hammond as director on 2024-06-30	View(1 page)