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Company No. 03757813 · Incorporated 22 Apr 1999

Deepwater EU Ltd

Registered name: DEEPWATER EU LTD

Deepwater EU Ltd made £8.5m revenue and £1.5m profit in the year to 31 Dec 2025.

Deepwater EU Ltd’s revenue grew 184% to £8.5m in the year to 31 Dec 2025, with £1.5m profit and 21 employees. The company is classified under “other engineering activities” and is based in Camberley; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71129Other engineering activities
Status
Active
Location
Camberley, South East
Age
27 yrs · since 1999
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: “Deepwater Corrosion Services Inc”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light
Revenue
£8.5m
Growth ▲183.8%
Profit
£1.5m
Growth —
Profit margin
17.8%
Gross 43.3%
Employees
21
Change 0%
Profit / employee
£72.6k
Revenue/employee £407k
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202431 Dec 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£3m£8.5m
Cost of sales£2.1m£4.8m
Gross profit£907k£3.7m
Operating profit−£151k£2.1m
Profit before tax−£123k£2.1m
Profit after tax−£67k£1.5m
Profit (best available)−£67k£1.5m
Employees (average)2121
Ratios
Profit margin−2.2%17.8%
Gross margin30.1%43.3%
Revenue per employee£143k£407k
Profit per employee−£3.2k£72.6k
Growth (year on year)
Revenue growth—▲183.8%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank—£1.2m
Net assets£1.8m£3.3m
Fixed assets£203k£110k
Current assets£2.1m£4.6m
Debtors£521k£1.8m
SourceFullAccounts · bulk data Sep 2026FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
17.8%
Profit ÷ revenue.
Gross margin
43.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£407k
Revenue ÷ average employees.
Profit per employee
£72.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
21.3%
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
▲85%
Now £3.3m
Cash at bank
—
Now £1.2m
Headcount
0%
Now 21
Deferred income
—
Now —
Fixed assets
▼46%
Now £110k
Corporate ownership

Group structure

Subsidiaries (1)

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

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.5m), 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.