Tidewater Personnel UK Ltd
Registered name: TIDEWATER PERSONNEL UK LTD
Part of Gulfmark North Sea Limited groupTidewater Personnel UK Ltd made £472k revenue and £73k profit in the year to 31 Dec 2025.
Tidewater Personnel UK Ltd’s revenue was £472k in the year to 31 Dec 2025, with £73k profit and 5 employees. The company is classified under “sea and coastal passenger water transport” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 28 yrs · since 1997
- 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.
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 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £472k | £472k | £472k | £472k |
| Gross profit | £472k | £472k | £472k | £472k |
| Operating profit | £80k | £55k | £10k | £5k |
| Profit before tax | £153k | £127k | £79k | £73k |
| Profit after tax | £153k | £127k | £79k | £73k |
| Profit (best available) | £153k | £127k | £79k | £73k |
| Staff costs | £259k | £275k | £318k | £315k |
| Employees (average) | 8 | 8 | 8 | 5 |
| Ratios | ||||
| Profit margin | 32.4% | 26.9% | 16.7% | 15.5% |
| Gross margin | 100% | 100% | 100% | 100% |
| Revenue per employee | £59k | £59k | £59k | £94.4k |
| Profit per employee | £19.1k | £15.9k | £9.9k | £14.6k |
| Growth (year on year) | ||||
| Revenue growth | — | 0% | 0% | 0% |
| Profit growth | — | ▼17% | ▼37.8% | ▼7.6% |
| Headcount growth | — | 0% | 0% | ▼37.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £185k | £145k | £261k | £355k |
| Net assets | £1.3m | £1.4m | £1.5m | £1.6m |
| Current assets | £1.7m | £2.1m | £2.3m | £2.5m |
| Debtors | £0 | £47k | £47k | £94k |
| Deferred income | £71k | £71k | £53k | £29k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 15.5%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £94.4k
- Revenue ÷ average employees.
- Profit per employee
- £14.6k
- 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
- 6.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.9%
- 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
- ▲5%
- Now £1.6m
- Cash at bank
- ▲36%
- Now £355k
- Headcount
- ▼38%
- Now 5
- Deferred income
- ▼45%
- Now £29k
- Fixed assets
- —
- Now —
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
- Gulfmark North Sea Limitedultimate parent75–100%
- Tidewater Personnel UK Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Tidewater Marine UK LtdRev. £130m · Profit −£9.1m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £73k), 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.