Seamariner Limited
Registered name: SEAMARINER LIMITED
Seamariner Limited made £13.3m revenue and £707k profit in the year to 31 Dec 2024. read from filing text
Seamariner Limited’s revenue grew 8% to £13.3m in the year to 31 Dec 2024, with £707k profit and 60 employees. The company is classified under “other activities of employment placement agencies” and is based in Southampton; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Southampton, South East
- Age
- 34 yrs · since 1992
- 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 company's immediate parent is Seamariner (WB) Limited, incorporated in England.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £14.6m | £12.3m | £13.3m |
| Cost of sales | £12m | £10.3m | £10.9m |
| Gross profit | £2.6m | £2m | £2.4m |
| Operating profit | £1.5m | £754k | £970k |
| Profit before tax | £1.5m | £742k | £958k |
| Profit after tax | £1.2m | £566k | £707k |
| Profit (best available) | £1.2m | £566k | £707k |
| Staff costs | £12.6m | £11.1m | £3.1m |
| Employees (average) | 83 | 69 | 60 |
| Ratios | |||
| Profit margin | 8% | 4.6% | 5.3% |
| Gross margin | 17.6% | 16.2% | 17.7% |
| Revenue per employee | £175k | £178k | £221k |
| Profit per employee | £14.1k | £8.2k | £11.8k |
| Cash conversion | 23.5% | 90.7% | 9.5% |
| Growth (year on year) | |||
| Revenue growth | — | ▼15.7% | ▲8.1% |
| Profit growth | — | ▼51.6% | ▲25% |
| Headcount growth | — | ▼16.9% | ▼13% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £11.6k | £74.1k | £44.3k |
| Net assets | £2.1m | £2.4m | £2.6m |
| Fixed assets | £305k | £289k | £273k |
| Current assets | £2.4m | £2.8m | £3.9m |
| Debtors | £1.6m | £1.6m | £2m |
| Deferred income | — | £164k | £162k |
| Cash from operations | £349k | £684k | £92.3k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 5.3%
- Profit ÷ revenue.
- Gross margin
- 17.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £221k
- Revenue ÷ average employees.
- Profit per employee
- £11.8k
- Profit ÷ average employees.
- Cash conversion
- 9.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.9%
- 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
- ▲9%
- Now £2.6m
- Cash at bank
- ▼40%
- Now £44.3k
- Headcount
- ▼13%
- Now 60
- Deferred income
- ▼1%
- Now £162k
- Fixed assets
- ▼5%
- Now £273k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Planb Professional Services LimitedHorsham · Other activities of employment placement agencies
- Revenue
- £13.3m
- Profit
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- Staff
- 10
- Jubilee Personnel Services LimitedDudley · Other activities of employment placement agencies
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- £13.2m
- Profit
- £381k
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- Kingdom Mercury LimitedNewton-Le-Willows · Other activities of employment placement agencies
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- £13.1m
- Profit
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- Compass (Alexander Associates) LtdPoole · Other activities of employment placement agencies
- Revenue
- £14.1m
- Profit
- £102k
- Staff
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- Energize Recruitment Solutions LtdManchester · Other activities of employment placement agencies
- Revenue
- £12.4m
- Profit
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- Staff
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- WMS Recruitment LimitedWisbech · Other activities of employment placement agencies
- Revenue
- £12.3m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £707k), from the Companies House accounts bulk data published Sep 2025. 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.