How much does Atlantic Service Company (U.K.) Limited make?

Atlantic Service Company (U.K.) Limited reported revenue of £9.6m and a loss of £280k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Atlantic Service Company (U.K.) Limited have?

Atlantic Service Company (U.K.) Limited reported an average of 76 employees in the year to 31 Dec 2023.

Is Atlantic Service Company (U.K.) Limited profitable?

No — Atlantic Service Company (U.K.) Limited reported a loss of £280k in the year to 31 Dec 2023.

Company No. 01194368 · Incorporated 19 Dec 1974

Atlantic Service Company (U.K.) Limited

Registered name: ATLANTIC SERVICE COMPANY (U.K.) LIMITED

Atlantic Service Company (U.K.) Limited made £9.6m revenue and a £280k loss in the year to 31 Dec 2023. read from filing text

Atlantic Service Company (U.K.) Limited’s revenue grew 6% to £9.6m in the year to 31 Dec 2023, with a loss of £280k and 76 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Blackwood; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25990Manufacture of other fabricated metal products n.e.c.

Status: Active
Location: Blackwood, Wales
Age: 51 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. From the filing: “The ultimate parent company is Steel Partners Holdings L.P, incorporated in the USA, which is the only group into which the results of the company are consolidated. The consolidation accounts of Steel”

Latest accounts · year to 31 Dec 2023

Key figures

Cash flow filed

Revenue

£9.6m

Growth ▲6%

Profit

−£280k

Growth ▼124.2%

Profit margin

−2.9%

Gross 21.6%

Employees

Change —

Profit / employee

−£3.7k

Revenue/employee £126k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£9.1m	£9.6m
Cost of sales	£6.8m	£7.5m
Gross profit	£2.2m	£2.1m
Operating profit	£1.3m	−£319k
Profit before tax	£1.3m	−£375k
Profit after tax	£1.2m	−£280k
Profit (best available)	£1.2m	−£280k
Staff costs	£2.6m	£3.1m
Employees (average)	—	76
Ratios
Profit margin	12.8%	−2.9%
Gross margin	24.6%	21.6%
Revenue per employee	—	£126k
Profit per employee	—	−£3.7k
Cash conversion	−21.7%	—
Growth (year on year)
Revenue growth	—	▲6%
Profit growth	—	▼124.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£494k	£527k
Net assets	£7.4m	£7.2m
Fixed assets	£5.4m	£6.4m
Current assets	£4.4m	£4.7m
Debtors	£1.6m	£1.7m
Deferred income	£223k	£139k
Cash from operations	−£278k	−£1.5m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −2.9%; Profit ÷ revenue.
Gross margin: 21.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £126k; Revenue ÷ average employees.
Profit per employee: −£3.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 66.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.9%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼4%; Now £7.2m
Cash at bank: ▲7%; Now £527k
Headcount: —; Now 76
Deferred income: ▼38%; Now £139k
Fixed assets: ▲18%; Now £6.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (2)

Claro Hookeye LimitedFigures not disclosed
Claro Hookeye Services LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£280k), from the Companies House accounts bulk data published Sep 2024. 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.