SMD Offshore Support Limited
Registered name: SMD OFFSHORE SUPPORT LIMITED
Part of State-Owned Assets Supervisions And Administration Commission Of The State Council groupSMD Offshore Support Limited made £2.6m revenue and £117k profit in the year to 31 Dec 2025.
SMD Offshore Support Limited’s revenue fell 23% to £2.6m in the year to 31 Dec 2025, with £117k profit and 24 employees. The company is classified under “temporary employment agency activities” and is based in Wallsend; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Wallsend, North East
- Age
- 39 yrs · since 1987
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £2.2m | £3.3m | £2.6m |
| Cost of sales | −£1.8m | −£2.8m | −£2.4m |
| Gross profit | £394k | £495k | £140k |
| Operating profit | £615k | £1m | £120k |
| Profit before tax | £615k | £1m | £118k |
| Profit after tax | £615k | £901k | £117k |
| Profit (best available) | £615k | £901k | £117k |
| Employees (average) | 18 | 23 | 24 |
| Ratios | |||
| Profit margin | 27.6% | 27% | 4.6% |
| Gross margin | 17.7% | 14.8% | 5.5% |
| Revenue per employee | £124k | £145k | £107k |
| Profit per employee | £34.2k | £39.2k | £4.9k |
| Growth (year on year) | |||
| Revenue growth | — | ▲50% | ▼23.3% |
| Profit growth | — | ▲46.5% | ▼87.1% |
| Headcount growth | — | ▲27.8% | ▲4.3% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data May 2026 |
How the business works
- Profit margin
- 4.6%
- Profit ÷ revenue.
- Gross margin
- 5.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £107k
- Revenue ÷ average employees.
- Profit per employee
- £4.9k
- 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
- ▲4%
- Now 24
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- State-Owned Assets Supervisions And Administration Commission Of The State Council (registered outside the UK register)ultimate parent50–75%
- SMD Ltd75–100%
- SMD Offshore Support Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- SMD Robotics LimitedRev. £0 · Profit £0
- Soil Machine Dynamics LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £117k), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.
Updated from Companies House on 13 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.