Marine and Industrial Transmissions Limited
Registered name: MARINE AND INDUSTRIAL TRANSMISSIONS LIMITED
Part of Axel Johnson International Ab groupMarine and Industrial Transmissions Limited made £11.1m revenue and £529k profit in the year to 31 Dec 2025.
Marine and Industrial Transmissions Limited’s revenue grew 8% to £11.1m in the year to 31 Dec 2025, with £529k profit and 54 employees. The company is classified under “installation of industrial machinery and equipment” and is based in Queenborough; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Queenborough, South East
- Age
- 52 yrs · since 1974
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £10.3m | £11.1m |
| Cost of sales | — | — | £6.7m | £7.3m |
| Gross profit | — | — | £3.7m | £3.8m |
| Operating profit | — | — | £553k | £696k |
| Profit before tax | — | — | £564k | £703k |
| Profit after tax | — | — | £495k | £529k |
| Profit (best available) | — | — | £495k | £529k |
| Staff costs | — | — | £3.1m | £3.2m |
| Employees (average) | 50 | 51 | 54 | 54 |
| Ratios | ||||
| Profit margin | — | — | 4.8% | 4.8% |
| Gross margin | — | — | 35.5% | 34.5% |
| Revenue per employee | — | — | £191k | £206k |
| Profit per employee | — | — | £9.2k | £9.8k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲7.6% |
| Profit growth | — | — | — | ▲6.9% |
| Headcount growth | — | ▲2% | ▲5.9% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4.9k | £412k | £745k | £523 |
| Net assets | £2.2m | £2.7m | £3.2m | £2.9m |
| Fixed assets | £215k | £288k | £267k | £301k |
| Current assets | £4m | £4.8m | £5.2m | £4.9m |
| Debtors | £1.2m | £1.4m | £1.2m | £1.8m |
| Deferred income | £142k | £451k | £519k | £318k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 4.8%
- Profit ÷ revenue.
- Gross margin
- 34.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £206k
- Revenue ÷ average employees.
- Profit per employee
- £9.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.9%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼11%
- Now £2.9m
- Cash at bank
- ▼100%
- Now £523
- Headcount
- 0%
- Now 54
- Deferred income
- ▼39%
- Now £318k
- Fixed assets
- ▲13%
- Now £301k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Axel Johnson International Ab (registered outside the UK register)ultimate parent75–100%
- Marine and Industrial Transmissions Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £529k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.