International Maritime Employers Council Limited

Active05319705Other servicesIncorporated 22 Dec 2004 · Fareham

During 2025, the IMEC Board continued to support the recommendations of its Members and the advice provided by the Recruitment and Training Committee concerning ongoing IMEC projects and work. The income for the operation of IMEC as an entity continues to be derived from membership fees and administration fees for maintenance and development of the SEPF (Seafarers' Employment Promotion Fund) process which are derived from negotiated agreements with the ITF (International Transport-Workers’ Federation), on behalf of the IMEC Membership. Expenditure continues to be in line with the purposes of IMEC as a Membership Association.

Revenue

£2.6m

▲ +4.8% vs prior ~12m period

Profit after tax

£1.3m

Margin 38.5%

Employees

9

– 0.0% vs prior ~12m period

Net assets

£13.9m

Total assets £14.1m

Financial history

Revenue by accounting period

6 periods available · ▲ growth ▼ decline

Jan 2021
Not available
Jan 2022
£2.0m
Dec 2022
£2.2m▲ +11.4%
Dec 2023
£2.3m▲ +7.1%
Dec 2024
£2.5m▲ +5.0%
Dec 2025
£2.6m▲ +4.7%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2025£2.6m▲ +4.7%£1.4m9£13.9m
31 Dec 2024£2.5m▲ +5.0%£1.6m9£12.5m
31 Dec 2023£2.3m▲ +7.1%£1.1m6£11.1m
31 Dec 2022£2.2m▲ +11.4%£1.2m6£10.1m
1 Jan 2022£2.0m—£1.2m6£9.0m
1 Jan 2021————£7.7m

Latest available figures

Period ending 31 Dec 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£2.6m
Gross profit
Not available
Operating profit
£989k
Profit before tax
£1.4m
Profit after tax
£1.3m

Balance sheet

Total assets
£14.1m
Cash
£805k
Total liabilities
£262k
Net assets
£13.9m
Revenue per employee
£285k

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