Port of Boston Limited
Registered name: PORT OF BOSTON LIMITED
Part of Victoria Group Investments Limited groupPort of Boston Limited made £8.7m revenue and £1.8m profit in the year to 30 Jun 2025.
Port of Boston Limited’s revenue grew 48% to £8.7m in the year to 30 Jun 2025, with £1.8m profit and 68 employees. The company is classified under “cargo handling for water transport activities” and is based in Lincolnshire; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Lincolnshire, East of England
- Age
- 38 yrs · since 1987
- 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: “There has been no change in the ultimate parent company during the period, with Victoria Group Investments Limited, a company incorporated in England, continuing to hold that position since the group ”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £7m | £5.9m | £8.7m |
| Cost of sales | £3.8m | £2.8m | £3.7m |
| Gross profit | £3.1m | £3.1m | £5m |
| Operating profit | £1.3m | £1.2m | £2.2m |
| Profit before tax | £1.3m | £1.2m | £2.2m |
| Profit after tax | £1.1m | £955k | £1.8m |
| Profit (best available) | £1.1m | £955k | £1.8m |
| Staff costs | £2.9m | £2.1m | £2.9m |
| Employees (average) | 76 | 73 | 68 |
| Ratios | |||
| Profit margin | 16.2% | 16.3% | 20.6% |
| Gross margin | 45% | 52.3% | 57.6% |
| Revenue per employee | £91.5k | £80.2k | £128k |
| Profit per employee | £14.9k | £13.1k | £26.2k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲48.1% |
| Profit growth | — | — | ▲86.8% |
| Headcount growth | — | — | ▼6.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £124k | £35k | £87k |
| Net assets | £23.6m | £26.9m | £28.1m |
| Fixed assets | £18.7m | £21.5m | £21.5m |
| Current assets | £11.5m | £11.5m | £12.4m |
| Debtors | £2.6m | £2.6m | £2.2m |
| Deferred income | £1.2m | £766k | £518k |
| Source | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 20.6%
- Profit ÷ revenue.
- Gross margin
- 57.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £128k
- Revenue ÷ average employees.
- Profit per employee
- £26.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 247.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 25.8%
- 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
- ▲4%
- Now £28.1m
- Cash at bank
- ▲149%
- Now £87k
- Headcount
- ▼7%
- Now 68
- Deferred income
- ▼32%
- Now £518k
- Fixed assets
- ▲0%
- Now £21.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Victoria Group Investments Limitedultimate parent75–100%
- Victoria Group Holdings Limited75–100%
- Port of Boston Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Victoria Wharves LimitedRev. £13.7m · Profit £1.6m
- Sharpness Dock LimitedRev. £8.8m · Profit £1.8m
- Seaham Harbour Dock CompanyFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Sharpness Dock LimitedPlymouth · Cargo handling for water transport activities
- Revenue
- £8.8m
- Profit
- £1.8m
- Staff
- 33
- Flagship Logistics LimitedLiverpool · Cargo handling for water transport activities
- Revenue
- £10.8m
- Profit
- £16.7k
- Staff
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- K C Group Shipping LimitedGlasgow · Cargo handling for water transport activities
- Revenue
- £11.1m
- Profit
- £409k
- Staff
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- Victoria Wharves LimitedPlymouth · Cargo handling for water transport activities
- Revenue
- £13.7m
- Profit
- £1.6m
- Staff
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- Shipco Transport LimitedSouth Woodford · Cargo handling for water transport activities
- Revenue
- £17.3m
- Profit
- £619k
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- Baldan LimitedLondon · Cargo handling for water transport activities
- Revenue
- £3.1m
- Profit
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- Staff
- 6
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £1.8m), from the Companies House accounts bulk data published Mar 2026. 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.