How much does Western Marine Services Limited make?

Western Marine Services Limited reported revenue of £0 and a loss of £424 in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Western Marine Services Limited have?

Western Marine Services Limited reported an average of 2 employees in the year to 31 Mar 2023.

Is Western Marine Services Limited profitable?

No — Western Marine Services Limited reported a loss of £424 in the year to 31 Mar 2023.

Company No. 04046055

Western Marine Services LimitedDissolved

Registered name: WESTERN MARINE SERVICES LIMITED

Western Marine Services Limited made £0 revenue and a £424 loss in the year to 31 Mar 2023.

Western Marine Services Limited’s revenue was £0 in the year to 31 Mar 2023, with a loss of £424 and 2 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Mar 2023

Key figures

IndependentSmall team

Revenue

£0

Growth —

Profit

−£424

Growth —

Profit margin

—

Employees

Change —

Profit / employee

−£212

Revenue/employee £0

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£91.6k	£0
Operating profit	£49.5k	−£509
Profit before tax	£49.4k	−£424
Profit after tax	£40k	−£424
Profit (best available)	£40k	−£424
Employees (average)	2	2
Ratios
Profit margin	43.7%	—
Revenue per employee	£45.8k	£0
Profit per employee	£20k	−£212
Balance sheet — indirect signals, not revenue
Cash at bank	£48.9k	£24.9k
Net assets	£35.4k	£25k
Current assets	£48.9k	£25.4k
Debtors	£29	£503
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £0; Revenue ÷ average employees.
Profit per employee: −£212; 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: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now £25k
Cash at bank: —; Now £24.9k
Headcount: —; Now 2
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit −£424), from the Companies House accounts bulk data published Dec 2023. 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.