Marine Specialised Technology

MST is the world’s leading provider of Rigid Inflatable and High Speed Workboats for military and professional use.
Our business model is unique in the industry. We offer flexible modular solutions tailored to meet our customer’s specific requirements from a range of well proven platforms. We work closely with clients during the development process to understand their specific needs before any manufacturing commences. T
MST concentrates on the design, development and final assembly of craft with key components manufactured by specialists in those areas.
MST is an international corporation with a network of both wholly owned companies and strategic partnerships that allows us to offer global sales and support services in over 21 countries around the world.
Because of all these factors MST craft are at work in every ocean in both professional and military capacities in roles as varied as law enforcement, naval, rescue, patrol, special operations, fisheries and conservation.

Company Growth (employees)
Liverpool, GB
Size (employees)
47 (est)
Marine Specialised Technology was founded in 2002 and is headquartered in Liverpool, GB

Marine Specialised Technology Office Locations

Marine Specialised Technology has an office in Liverpool

Marine Specialised Technology Data and Metrics

Summary Metrics

Founding Date


Marine Specialised Technology Financial Metrics

Marine Specialised Technology's revenue was reported to be £13.5 m in FY, 2015 which is a 94% increase from the previous period.
Numbers are in £, GBP

Revenue (FY, 2015)

13.5 m

Revenue growth (FY, 2014 - FY, 2015), %


Gross profit (FY, 2015)

4.3 m

Gross profit margin (FY, 2015), %


Net income (FY, 2015)

1 m

Cash (30-Sep-2015)

466.3 k
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015


14.4 m7 m13.5 m

Revenue growth, %


Cost of goods sold

11.5 m5.1 m9.3 m

Gross profit

2.9 m1.9 m4.3 m

Gross profit Margin, %


Operating expense total

1.9 m2.1 m2.9 m

Pre tax profit

842.5 k(284.1 k)1.3 m

Net Income

744.3 k(272.2 k)1 m
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015


384.9 k119.3 k466.3 k

Accounts Receivable

2.4 m1.2 m2.6 m

Current Assets

4 m2.8 m5 m


491.9 k871.8 k1.1 m


445.3 k417.7 k389.7 k

Total Assets

5 m4 m6.4 m

Accounts Payable

1 m662.9 k1.4 m

Current Liabilities

3 m2.3 m3.7 m

Retained Earnings

534.3 k(432.8 k)792.3 k

Total Equity

1.7 m1.3 m2 m

Financial Leverage

2.9 x3.2 x3.3 x
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

2.4 m582.1 k848.4 k

Cash From Financing Activities

(403.8 k)(553.9 k)(327.1 k)

Income Taxes Paid

(98.2 k)11.9 k(259.1 k)
Y, 2015

Financial Leverage

3.3 x

Marine Specialised Technology Online and Social Media Presence

Marine Specialised Technology Company Life and Culture

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