How much does Clipper Marine Limited make?

Clipper Marine Limited reported revenue of £7.9m and a loss of £369k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Clipper Marine Limited have?

Clipper Marine Limited reported an average of 14 employees in the year to 31 Dec 2024.

Is Clipper Marine Limited profitable?

No — Clipper Marine Limited reported a loss of £369k in the year to 31 Dec 2024.

Company No. 05837682 · Incorporated 6 Jun 2006

Clipper Marine Limited

Registered name: CLIPPER MARINE LIMITED

Clipper Marine Limited made £7.9m revenue and a £369k loss in the year to 31 Dec 2024.

Clipper Marine Limited’s revenue fell 24% to £7.9m in the year to 31 Dec 2024, with a loss of £369k and 14 employees. The company is classified under “retail sale of sports goods, fishing gear, camping goods, boats and bicycles” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47640Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Status: Active
Location: London, London
Age: 20 yrs · since 2006
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-light

Revenue

£7.9m

Growth ▼23.6%

Profit

−£369k

Growth ▼157.8%

Profit margin

−4.7%

Gross 19.6%

Employees

Change 0%

Profit / employee

−£26.3k

Revenue/employee £563k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£10.2m	£10.3m	£7.9m
Cost of sales	£7.8m	£8.1m	£6.3m
Gross profit	£2.4m	£2.2m	£1.5m
Operating profit	£1.2m	£1.1m	−£43.4k
Profit before tax	£1.2m	£843k	−£324k
Profit after tax	£941k	£638k	−£369k
Profit (best available)	£941k	£638k	−£369k
Staff costs	£695k	£680k	£675k
Employees (average)	13	14	14
Ratios
Profit margin	9.3%	6.2%	−4.7%
Gross margin	23.3%	21%	19.6%
Revenue per employee	£781k	£737k	£563k
Profit per employee	£72.4k	£45.5k	−£26.3k
Growth (year on year)
Revenue growth	—	▲1.6%	▼23.6%
Profit growth	—	▼32.3%	▼157.8%
Headcount growth	—	▲7.7%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£615k	£566k	£560k
Net assets	£1.4m	£1.8m	£1.4m
Fixed assets	£30.4k	£23.1k	£13.7k
Current assets	£5.1m	£6.8m	£6.2m
Debtors	£32.7k	£149k	£155k
Deferred income	£398k	£386k	£459k
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −4.7%; Profit ÷ revenue.
Gross margin: 19.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £563k; Revenue ÷ average employees.
Profit per employee: −£26.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2%; 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: ▼21%; Now £1.4m
Cash at bank: ▼1%; Now £560k
Headcount: 0%; Now 14
Deferred income: ▲19%; Now £459k
Fixed assets: ▼41%; Now £13.7k

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

Subsidiaries (1)

Clipper Marine Motorboats LimitedFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£369k), from the Companies House accounts bulk data published Sep 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.