Website & contact details
- Website
Orbital Marine Power Limited
- Incorporated
- 7 August 2002 (24 years)
- Previously known as
- Scotrenewables Tidal Power Limited (until 15 October 2018)Scotrenewables (Marine Power) Ltd. (until 10 November 2010)This list may be incomplete. See all names on Companies House
- Industry
- Other business support service activities n.e.c. (82990)
- Directors
- Ronald BonnarGerald Koch
- Owned by
- Scottish Enterprise
- Accounts type
- Small
- Region
- Scotland
- Address
- Innovation Centre - Orkney Hatston Pier RoadCrowness Business ParkKirkwallKW15 1ZL
Filing status
- Accounts due
- 30 September 2027
- Last accounts
- 31 December 2025
- Conf. stmt due
- 21 August 2027
- Last conf. stmt
- 7 August 2026
Charges
- Total
- 22
- Outstanding
- 0
- Part satisfied
- 0
- Satisfied
- 22
Officers 9 active
Officer details are public data from the Companies House register.
Director · Appointed 1 September 2026
British
Born April 1968 (58)
Bonnar, Ronald
Director · Appointed 12 February 2026
British
Born September 1963 (63)
Koch, Gerald
Director · Appointed 1 January 2026
German
Born May 1979 (47)
Director · Appointed 23 October 2025
British
Born May 1979 (47)
Rounce, Justin James
Director · Appointed 3 October 2024
American,British
Born February 1967 (59)
De Brito Costa Duff, Luana
Director · Appointed 14 January 2022
Brazilian
Born September 1981 (45)
German
Born March 1970 (56)
Corporate Secretary · Appointed 7 September 2017
Director · Appointed 2 February 2016
British
Born September 1972 (54)
Officer history (22 former)
29 September 2026
1 September 2026
12 February 2026
Appointed Bonnar, Ronald as Director
1 January 2026
Appointed Koch, Gerald as Director
23 October 2025
Resigned Mcgrath, Matthew as Director
23 October 2025
3 October 2024
Appointed Rounce, Justin James as Director
1 October 2024
Resigned Smith, Paul Richard as Director
14 January 2022
Appointed De Brito Costa Duff, Luana as Director
18 February 2019
Appointed Smith, Paul Richard as Director
21 September 2018
21 September 2018
Appointed Mcgrath, Matthew as Director
21 September 2018
21 September 2018
Resigned Allen, Grant Rosser as Director
17 August 2018
17 August 2018
Resigned De Pietro, Maureen as Director
15 March 2018
7 September 2017
7 September 2017
9 June 2017
2 February 2016
14 December 2015
Resigned Otero Del Val, Jean-Marc as Director
14 December 2015
14 December 2015
Appointed De Pietro, Maureen as Director
13 October 2015
13 October 2015
Resigned Pears, Stephen Nigel as Director
3 February 2015
Appointed Pears, Stephen Nigel as Director
3 February 2015
Resigned Barclay, Eirik Arne Wold as Director
28 November 2014
Resigned Piquet, Guillaume as Director
28 January 2013
28 January 2013
Appointed Allen, Grant Rosser as Director
16 July 2012
Appointed Piquet, Guillaume as Director
16 July 2012
16 July 2012
Resigned Carballeira, Julien Rene, Manuel as Director
16 July 2012
Appointed Otero Del Val, Jean-Marc as Director
1 June 2012
Appointed Barclay, Eirik Arne Wold as Director
1 June 2012
Resigned Lien, Torger Nils as Director
1 March 2011
Appointed Carballeira, Julien Rene, Manuel as Director
23 June 2010
Appointed Lien, Torger Nils as Director
8 February 2008
8 February 2008
Resigned Abbott, Paul as Director
31 January 2008
27 July 2007
Resigned Hamilton, Mark Stephen as Director
24 July 2006
Appointed Abbott, Paul as Director
6 February 2006
6 February 2006
Resigned Johnston, Francis David as Secretary
1 February 2006
Appointed Hamilton, Mark Stephen as Director
23 September 2002
Appointed Johnston, Francis David as Secretary
23 September 2002
7 August 2002
7 August 2002
7 August 2002
7 August 2002
Ownership 1 active
People and entities with significant control, from the Companies House PSC register
Scottish Enterprise
Legal person · Notified 23 October 2025
Owns 25–50% of shares
Holds 25–50% of voting rights
Government Department
Former controllers (2)
23 October 2025
Ceased Matthew Mcgrath — Owns 25–50% of shares
14 January 2022
Ceased Scottish Enterprise — Owns 25–50% of shares
Group structure 15 companies
Ownership group derived from the Companies House PSC register
Orbital Marine Power Limited This company
Orbital International Projects (Canada) Limited Owns 75–100% of shares
Orbital Projects (Holdings) Limited Owns 75–100% of shares
Orbital Projects 1 Limited Owns 75–100% of shares
Orbital Projects 2 Limited Owns 75–100% of shares
Orbital Projects 3 Limited Owns 75–100% of shares
Orbital Projects 4 Limited Owns 75–100% of shares
Orbital Projects 5 Limited Owns 75–100% of shares
Orbital Projects 6 Limited Owns 75–100% of shares
Orbital Projects 7 Limited Owns 75–100% of shares
Orbital Projects 8 Limited Owns 75–100% of shares
Orbital Projects 9 Limited Owns 75–100% of shares
Orbital Projects 10 Limited Owns 75–100% of shares
Orbital Projects 11 Limited Owns 75–100% of shares
Orbital Projects 12 Limited Owns 75–100% of shares
Financials
Figures from 2023 accounts. Newer accounts, made up to 31 December 2025, are filed but not read yet. See them on Companies House
- Net Assets
- £2,126,028
- Cash
- £190,710
- Profit Before Tax
- (£4,768,801)
- Employees
- 38
- Debt Ratio
- 77%
- Current Ratio
- 0.8x
- Return on Equity
- -208%
Trend
Net Assets
Balance sheet detail
| 2023 | 2022 | |
|---|---|---|
| Fixed Assets | £3,508,917 | £3,277,583 |
| Current Assets | £5,542,757 | £8,373,580 |
| Debtors | £5,352,047 | £5,472,522 |
| Cash | £190,710 | £2,901,058 |
| Creditors (< 1 year) | £6,925,646 | £3,388,749 |
| Creditors (> 1 year) | £0 | £2,107,982 |
| Net Current Assets | (£1,382,889) | £4,984,831 |
| Net Assets | £2,126,028 | £6,154,432 |
| Shareholder Funds | £2,126,028 | £6,154,432 |
What Orbital Marine Power say about themselves
“Orbital Marine Power is an innovative Scottish engineering company focused on the development of a low-cost, predictable, scalable floating tidal technology.”
Filings
Recent filings only. See the full history on Companies House
| Date | Description | Made Up To | Pages | |
|---|---|---|---|---|
| 8 September 2026 | Appointment of a director | |||
| 27 August 2026 | Confirmation statement with updates | 7 August 2026 |
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