How much does Teignmouth Maritime Services Limited make?

Teignmouth Maritime Services Limited reported revenue of £26.2m and £1.6m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Teignmouth Maritime Services Limited have?

Teignmouth Maritime Services Limited reported an average of 96 employees in the year to 31 Mar 2025.

Is Teignmouth Maritime Services Limited profitable?

Yes — Teignmouth Maritime Services Limited reported a profit of £1.6m in the year to 31 Mar 2025.

Company No. 04598550 · Incorporated 22 Nov 2002

Teignmouth Maritime Services Limited

Registered name: TEIGNMOUTH MARITIME SERVICES LIMITED

Part of Ancora Investco Limited group

Teignmouth Maritime Services Limited made £26.2m revenue and £1.6m profit in the year to 31 Mar 2025. read from filing text

Teignmouth Maritime Services Limited’s revenue fell 6% to £26.2m in the year to 31 Mar 2025, with £1.6m profit and 96 employees. The company is classified under “construction of other civil engineering projects” and is based in Dawlish; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42990Construction of other civil engineering projects n.e.c.

Status: Active
Location: Dawlish, South West
Age: 23 yrs · since 2002
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 immediate parent company is”

Latest accounts · year to 31 Mar 2025

Key figures

Cash flow filed

Revenue

£26.2m

Growth ▼5.6%

Profit

£1.6m

Growth ▼70%

Profit margin

6.3%

Gross 41%

Employees

Change ▲21.5%

Profit / employee

£17.1k

Revenue/employee £273k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£20.7m	£27.8m	£26.2m
Cost of sales	£13.5m	£17m	£15.5m
Gross profit	£7.2m	£10.8m	£10.7m
Operating profit	£4m	£6.2m	£955k
Profit before tax	£4m	£7m	£2.1m
Profit after tax	£3.4m	£5.5m	£1.6m
Profit (best available)	£3.4m	£5.5m	£1.6m
Employees (average)	84	79	96
Ratios
Profit margin	16.6%	19.7%	6.3%
Gross margin	34.7%	38.9%	41%
Revenue per employee	£246k	£352k	£273k
Profit per employee	£40.8k	£69.3k	£17.1k
Cash conversion	−90.2%	−106.6%	−439.2%
Growth (year on year)
Revenue growth	—	▲34.4%	▼5.6%
Profit growth	—	▲59.6%	▼70%
Headcount growth	—	▼5.9%	▲21.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.3m	£5.9m	£4.4m
Net assets	£5.2m	£7.6m	£7.3m
Fixed assets	£1.8m	£2.4m	£5.6m
Current assets	£8.9m	£10.5m	£9.8m
Debtors	£3.8m	£1.9m	£1.7m
Deferred income	£673k	£1.2m	£760k
Cash from operations	−£3.6m	−£6.6m	−£4.2m
Source	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 6.3%; Profit ÷ revenue.
Gross margin: 41%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £273k; Revenue ÷ average employees.
Profit per employee: £17.1k; Profit ÷ average employees.
Cash conversion: −439.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 21.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.6%; 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: ▼5%; Now £7.3m
Cash at bank: ▼26%; Now £4.4m
Headcount: ▲22%; Now 96
Deferred income: ▼39%; Now £760k
Fixed assets: ▲127%; Now £5.6m

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

Ancora Investco Limitedultimate parent75–100%
Ancora Holdco Limited75–100%
Ancora Midco Limited75–100%
Ancora Buyer Limited75–100%
Teignmouth Maritime Services Limitedthis company

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

Subsidiaries (1)

Marine Plant Hire (UK) LimitedRev. — · Profit £144k

Sister companies (1)

R7M Group Holdings LimitedRev. — · Profit £1.1m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.6m), from the Companies House accounts bulk data published Nov 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.