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Company No. 02282890 · Incorporated 2 Aug 1988

Seaspace International Forwarders Limited

Registered name: SEASPACE INTERNATIONAL FORWARDERS LIMITED

Part of Emerge Global Ltd group

Seaspace International Forwarders Limited made £8.6m revenue and a £1.1m loss in the year to 31 Dec 2025.

Seaspace International Forwarders Limited’s revenue fell 28% to £8.6m in the year to 31 Dec 2025, with a loss of £1.1m and 36 employees. The company is classified under “operation of warehousing and storage facilities for land transport activities” and is based in Stoke on Trent; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52103Operation of warehousing and storage facilities for land transport activitiesSIC 52290Other transportation support activities
Status
Active
Location
Stoke on Trent, West Midlands
Age
38 yrs · since 1988
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightBoring industry
Revenue
£8.6m
Growth ▼28.3%
Profit
−£1.1m
Growth ▼463.6%
Profit margin
−12.3%
Gross 29.8%
Employees
36
Change ▼25%
Profit / employee
−£29.4k
Revenue/employee £240k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureNo P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£12.9m£12.1m£8.6m
Cost of sales—£9m£7.6m£6.1m
Gross profit—£3.9m£4.4m£2.6m
Operating profit—£1m£439k−£823k
Profit before tax—£831k£261k−£1.1m
Profit after tax—£620k£291k−£1.1m
Profit (best available)—£620k£291k−£1.1m
Staff costs—£867k£1.6m£1.3m
Employees (average)20244836
Ratios
Profit margin—4.8%2.4%−12.3%
Gross margin—30.1%36.8%29.8%
Revenue per employee—£539k£251k£240k
Profit per employee—£25.8k£6.1k−£29.4k
Growth (year on year)
Revenue growth——▼6.7%▼28.3%
Profit growth——▼53%▼463.6%
Headcount growth—▲20%▲100%▼25%
Balance sheet — indirect signals, not revenue
Cash at bank£958k£678k£459k£206k
Net assets£965k£1.4m£1.6m£433k
Fixed assets£42.8k£917k£716k£607k
Current assets£4.3m£4.9m£7.2m£8.9m
Debtors£872k£1.4m£1.5m£1.3m
Deferred income—£818k£622k£629k
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
−12.3%
Profit ÷ revenue.
Gross margin
29.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£240k
Revenue ÷ average employees.
Profit per employee
−£29.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
7.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
15.2%
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
▼73%
Now £433k
Cash at bank
▼55%
Now £206k
Headcount
▼25%
Now 36
Deferred income
▲1%
Now £629k
Fixed assets
▼15%
Now £607k

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

Ownership chain

  1. Emerge Global Ltdultimate parent75–100%
  2. Emerge Ecommerce Limited75–100%
  3. Seaspace International Forwarders Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (3)

Sister companies (7)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£1.1m), from the Companies House accounts bulk data published Sep 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.