Shepherd Offshore Limited
Registered name: SHEPHERD OFFSHORE LIMITED
Part of Shepherd Offshore Group Limited groupShepherd Offshore Limited made £10.4m revenue and £1.7m profit in the year to 30 Apr 2024.
Shepherd Offshore Limited’s revenue fell 1% to £10.4m in the year to 30 Apr 2024, with £1.7m profit and 24 employees. The company is classified under “buying and selling of own real estate” and is based in Newcastle Upon Tyne; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Newcastle Upon Tyne
- Age
- 80 yrs · since 1946
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Apr 2023 | 30 Apr 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £10.5m | £10.4m |
| Cost of sales | −£5.4m | −£6.6m |
| Gross profit | £5.2m | £3.8m |
| Operating profit | £3.3m | £1.9m |
| Profit before tax | £3.8m | £2.4m |
| Profit after tax | £3.1m | £1.7m |
| Profit (best available) | £3.1m | £1.7m |
| Employees (average) | 26 | 24 |
| Ratios | ||
| Profit margin | 29.4% | 16.7% |
| Gross margin | 49% | 36.6% |
| Revenue per employee | £405k | £434k |
| Profit per employee | £119k | £72.3k |
| Growth (year on year) | ||
| Revenue growth | — | ▼1% |
| Profit growth | — | ▼44% |
| Headcount growth | — | ▼7.7% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Jan 2025 | Accounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 16.7%
- Profit ÷ revenue.
- Gross margin
- 36.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £434k
- Revenue ÷ average employees.
- Profit per employee
- £72.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼8%
- Now 24
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Shepherd Offshore Group Limitedultimate parent75–100%
- Shepherd Offshore Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (5)
- Shepherd Offshore (Scotland) LimitedFigures not disclosed
- Shepherd Offshore Engineering LimitedFigures not disclosed
- Triple S Group Properties LimitedFigures not disclosed
- Triple S Sports and Entertainment Group LimitedFigures not disclosed
- Warenford Management Company LimitedFigures not disclosed
Sister companies (1)
- Shepherd Offshore Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Apr 2024 (profit £1.7m), from the Companies House accounts bulk data published Jan 2025. Spotted an error? Request a correction.
Updated from Companies House on 23 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.