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Company No. 09983000 · Incorporated 2 Feb 2016

Res-Q (Seaham) Limited

Registered name: RES-Q (SEAHAM) LIMITED

Part of Res-Q Outsourcing Solutions Limited group

Res-Q (Seaham) Limited made £15.8m revenue and £1.4m profit in the year to 31 Dec 2024.

Res-Q (Seaham) Limited’s revenue fell 7% to £15.8m in the year to 31 Dec 2024, with £1.4m profit and 594 employees. The company is classified under “dormant company” and is based in Hull; we hold 4 years of its filed accounts.

Status
Active
Location
Hull, Yorkshire and The Humber
Age
10 yrs · since 2016
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 Company is controlled by the immediate and ultimate parent company, Res-Q Outsourcing Solutions Limited, a company registered in England and Wales. Res-Q Outsourcing Solutions Limited is also the ”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light
Revenue
£15.8m
Growth ▼7%
Profit
£1.4m
Growth —
Profit margin
9%
Gross 34.8%
Employees
594
Change ▼6.8%
Profit / employee
£2.4k
Revenue/employee £26.5k
Profitable streak
1yr
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£17.9m£13.4m£16.9m£15.8m
Cost of sales£12.2m£9.7m£11.3m−£10.3m
Gross profit£5.7m£3.7m£5.6m£5.5m
Operating profit£495k−£1.9m−£1.3m−£549k
Profit before tax£477k−£1.9m−£1.4m£1.6m
Profit after tax£341k−£1.9m−£1.2m£1.4m
Profit (best available)£341k−£1.9m−£1.2m£1.4m
Staff costs£14.9m£14.1m£17m—
Employees (average)696584637594
Ratios
Profit margin1.9%−14%−7%9%
Gross margin31.8%27.4%33.3%34.8%
Revenue per employee£25.7k£23k£26.6k£26.5k
Profit per employee£489−£3.2k−£1.9k£2.4k
Growth (year on year)
Revenue growth—▼24.9%▲26.2%▼7%
Profit growth—▼649.9%——
Headcount growth—▼16.1%▲9.1%▼6.8%
Balance sheet — indirect signals, not revenue
Cash at bank£73.7k£21.9k£55.7k—
Net assets£1.6m−£231k−£1.4m—
Fixed assets£427k£346k£222k—
Current assets£4.2m£4.2m£4.5m—
Debtors£30k£30.1k£0—
Deferred income£908k£959k£942k—
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023Accounts · bulk data Sep 2024Accounts · bulk data Aug 2025
Derived from the latest filing

How the business works

Profit margin
9%
Profit ÷ revenue.
Gross margin
34.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£26.5k
Revenue ÷ average employees.
Profit per employee
£2.4k
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 —
Cash at bank
—
Now —
Headcount
▼7%
Now 594
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Res-Q Outsourcing Solutions Limitedultimate parent75–100%
  2. Res-Q (Seaham) Limitedthis company

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

Sister companies (2)

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

Sources

Latest figures from accounts for the year to 31 Dec 2024 (profit £1.4m), from the Companies House accounts bulk data published Aug 2025. Spotted an error? Request a correction.

Updated from Companies House on 19 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.