How much does Parkol Marine Engineering Ltd make?

Parkol Marine Engineering Ltd reported revenue of £13.7m and £737k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Parkol Marine Engineering Ltd have?

Parkol Marine Engineering Ltd reported an average of 55 employees in the year to 31 May 2025.

Is Parkol Marine Engineering Ltd profitable?

Yes — Parkol Marine Engineering Ltd reported a profit of £737k in the year to 31 May 2025.

Company No. 04005938 · Incorporated 1 Jun 2000

Parkol Marine Engineering Ltd

Registered name: PARKOL MARINE ENGINEERING LTD

Part of Parkol Marine Holdings Limited group

Parkol Marine Engineering Ltd made £13.7m revenue and £737k profit in the year to 31 May 2025.

Parkol Marine Engineering Ltd’s revenue grew 20% to £13.7m in the year to 31 May 2025, with £737k profit and 55 employees. The company is classified under “building of ships and floating structures” and is based in Whitby; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 30110Building of ships and floating structures SIC 33150Repair and maintenance of ships and boats

Status: Active
Location: Whitby, Yorkshire and The Humber
Age: 26 yrs · since 2000
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 May 2025

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£13.7m

Growth ▲19.8%

Profit

£737k

Growth ▲117.7%

Profit margin

5.4%

Gross 19.4%

Employees

Change ▼3.5%

Profit / employee

£13.4k

Revenue/employee £249k

Profitable streak

2yrs

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 to	31 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£13.5m	£12m	£11.4m	£13.7m
Cost of sales	£12.1m	£11.2m	£9.6m	£11m
Gross profit	£1.4m	£882k	£1.8m	£2.7m
Operating profit	£439k	−£192k	£451k	£972k
Profit before tax	£431k	−£199k	£453k	£972k
Profit after tax	£520k	−£145k	£338k	£737k
Profit (best available)	£520k	−£145k	£338k	£737k
Staff costs	£2.3m	£2.4m	£2.2m	£2.2m
Employees (average)	74	64	57	55
Ratios
Profit margin	3.9%	−1.2%	3%	5.4%
Gross margin	10.2%	7.3%	15.8%	19.4%
Revenue per employee	£182k	£188k	£200k	£249k
Profit per employee	£7k	−£2.3k	£5.9k	£13.4k
Growth (year on year)
Revenue growth	—	▼10.5%	▼5.2%	▲19.8%
Profit growth	—	▼128%	—	▲117.7%
Headcount growth	—	▼13.5%	▼10.9%	▼3.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£695k	£406k	£630k	£270k
Net assets	£1.9m	£1.5m	£1.7m	£2.2m
Fixed assets	£429k	£492k	£533k	£493k
Current assets	£4.3m	£4.3m	£5m	£5.9m
Debtors	£213k	£678k	£1.5m	£2.8m
Deferred income	£119k	£206k	£385k	£313k
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 5.4%; Profit ÷ revenue.
Gross margin: 19.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £249k; Revenue ÷ average employees.
Profit per employee: £13.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.3%; 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: ▲31%; Now £2.2m
Cash at bank: ▼57%; Now £270k
Headcount: ▼4%; Now 55
Deferred income: ▼19%; Now £313k
Fixed assets: ▼8%; Now £493k

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

Parkol Marine Holdings Limitedultimate parent75–100%
Parkol Marine Engineering Ltdthis company

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

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit £737k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.