Aesseal Marine PLC
Registered name: AESSEAL MARINE PLC
Part of A.e.s. Engineering Limited groupAesseal Marine PLC made £103k profit in the year to 31 Dec 2023 (revenue not disclosed).
Aesseal Marine PLC reported £103k profit in the year to 31 Dec 2023, up 581% on the year before; its revenue was not disclosed. It had 8 employees. The company is classified under “other manufacturing” and is based in Rotherham; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Rotherham, Yorkshire and The Humber
- Age
- 21 yrs · since 2005
- Type
- Public 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: “AES Engineering Limited, a company registered in England and Wales, is the company's only parent undertaking and ultimate holding company.”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
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 |
|---|---|---|
| Disclosure | Profit only | Profit only |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Profit before tax | £50.7k | £135k |
| Profit after tax | £15.2k | £103k |
| Profit (best available) | £15.2k | £103k |
| Staff costs | £270k | £302k |
| Employees (average) | 9 | 8 |
| Ratios | ||
| Profit margin | — | — |
| Profit per employee | £1.7k | £12.9k |
| Growth (year on year) | ||
| Profit growth | — | ▲580.6% |
| Headcount growth | — | ▼11.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £175k | £31.7k |
| Net assets | £293k | £396k |
| Fixed assets | £385k | £360k |
| Current assets | £625k | £482k |
| Debtors | £110k | £128k |
| Deferred income | £52.7k | £108k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £12.9k
- 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.
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
- ▲35%
- Now £396k
- Cash at bank
- ▼82%
- Now £31.7k
- Headcount
- ▼11%
- Now 8
- Deferred income
- ▲106%
- Now £108k
- Fixed assets
- ▼6%
- Now £360k
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
- A.e.s. Engineering Limitedultimate parent75–100%
- Aesseal Marine PLCthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (9)
- A.e.s Engineering Employee Trust LimitedFigures not disclosed
- Aesseal (MCK) Ltd.Figures not disclosed
- Aesseal Ireland LtdFigures not disclosed
- Aesseal PLCFigures not disclosed
- Avt Reliability LtdFigures not disclosed
- Avtpump LimitedFigures not disclosed
- Ledmore Estates LimitedFigures not disclosed
- Marine Sealing Services LimitedFigures not disclosed
- Vulcan Engineering 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 2023 (profit £103k), from the Companies House accounts bulk data published May 2024. 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.