Isotank Depot Services Limited
Registered name: ISOTANK DEPOT SERVICES LIMITED
Part of Boasso America Corporation groupIsotank Depot Services Limited made £14.1m revenue and £1.4m profit in the year to 31 Dec 2025.
Isotank Depot Services Limited’s revenue fell 8% to £14.1m in the year to 31 Dec 2025, with £1.4m profit and 117 employees. The company is classified under “other cleaning services” and is based in Redcar; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Redcar, North East
- Age
- 23 yrs · since 2003
- 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) | £12.7m | £14.8m | £15.4m | £14.1m |
| Cost of sales | £6.9m | £8.1m | £8m | £7.6m |
| Gross profit | £5.8m | £6.8m | £7.4m | £6.6m |
| Operating profit | £1.1m | £1m | £1.9m | — |
| Profit before tax | £1.1m | £1m | £1.9m | £1.2m |
| Profit after tax | £880k | £767k | £1.9m | £1.4m |
| Profit (best available) | £880k | £767k | £1.9m | £1.4m |
| Staff costs | £3.7m | £4m | £4.4m | £4.8m |
| Employees (average) | 116 | 114 | 120 | 117 |
| Ratios | ||||
| Profit margin | 6.9% | 5.2% | 12.4% | 9.9% |
| Gross margin | 45.8% | 45.6% | 47.8% | 46.4% |
| Revenue per employee | £110k | £130k | £128k | £121k |
| Profit per employee | £7.6k | £6.7k | £15.9k | £11.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲16.4% | ▲4.1% | ▼8.4% |
| Profit growth | — | ▼12.9% | ▲149.3% | ▼26.9% |
| Headcount growth | — | ▼1.7% | ▲5.3% | ▼2.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1m | £649k | £674k | £142k |
| Net assets | £6.8m | £6.8m | £7.4m | £8m |
| Fixed assets | £1.4m | £4.5m | £4.9m | £4.4m |
| Current assets | £7.9m | £5.1m | £5.5m | £5.9m |
| Debtors | £2.3m | £3.1m | £3m | £3m |
| Deferred income | £764k | £828k | £720k | £919k |
| 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
- 9.9%
- Profit ÷ revenue.
- Gross margin
- 46.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £121k
- Revenue ÷ average employees.
- Profit per employee
- £11.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 31.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21.5%
- 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
- ▲7%
- Now £8m
- Cash at bank
- ▼79%
- Now £142k
- Headcount
- ▼3%
- Now 117
- Deferred income
- ▲28%
- Now £919k
- Fixed assets
- ▼10%
- Now £4.4m
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
- Boasso America Corporation (registered outside the UK register)ultimate parent75–100%
- Depot Connect International Limited75–100%
- Depot Connect International UK Limited75–100%
- Isotank Services Limited75–100%
- Isotank Depot Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Isotank Transport Services LimitedRev. £11.3m · Profit −£515k
- Atlantic Tank Clean Barry LimitedFigures not disclosed
- Isotank (2006) LimitedFigures not disclosed
- Isotank (2010) LimitedFigures not disclosed
- PM Rees & Sons 2000 LimitedFigures not disclosed
- Tanktainer Thurroclean (Middlesbrough) LimitedFigures not disclosed
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 £1.4m), 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.