How much does Global Maritime Engineering Services Limited make?

Global Maritime Engineering Services Limited reported revenue of £32.6m and £1.3m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Global Maritime Engineering Services Limited have?

Global Maritime Engineering Services Limited reported an average of 368 employees in the year to 31 Dec 2025.

Is Global Maritime Engineering Services Limited profitable?

Yes — Global Maritime Engineering Services Limited reported a profit of £1.3m in the year to 31 Dec 2025.

Company No. 10038424 · Incorporated 2 Mar 2016

Global Maritime Engineering Services Limited

Registered name: GLOBAL MARITIME ENGINEERING SERVICES LIMITED

Part of Gme Holdings Limited group

Global Maritime Engineering Services Limited made £32.6m revenue and £1.3m profit in the year to 31 Dec 2025.

Global Maritime Engineering Services Limited’s revenue grew 24% to £32.6m in the year to 31 Dec 2025, with £1.3m profit and 368 employees. The company is classified under “other engineering activities” and is based in Bridgend; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71129Other engineering activities

Status: Active
Location: Bridgend, Wales
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightCash flow filed

Revenue

£32.6m

Growth ▲23.6%

Profit

£1.3m

Growth ▼5.7%

Profit margin

3.9%

Gross 11.8%

Employees

368

Change ▲27.8%

Profit / employee

£3.4k

Revenue/employee £88.6k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£14.9m	£26.4m	£32.6m
Cost of sales	—	£13m	£22.7m	£28.8m
Gross profit	—	£2m	£3.7m	£3.8m
Operating profit	—	£354k	£2m	£1.8m
Profit before tax	—	£302k	£1.9m	£1.7m
Profit after tax	—	£82.2k	£1.3m	£1.3m
Profit (best available)	—	£82.2k	£1.3m	£1.3m
Staff costs	—	£7.3m	£16.3m	—
Employees (average)	26	125	288	368
Ratios
Profit margin	—	0.5%	5.1%	3.9%
Gross margin	—	13.3%	13.9%	11.8%
Revenue per employee	—	£120k	£91.6k	£88.6k
Profit per employee	—	£657	£4.6k	£3.4k
Cash conversion	—	22.2%	−127.1%	−227.8%
Growth (year on year)
Revenue growth	—	—	▲76.5%	▲23.6%
Profit growth	—	—	▲1525%	▼5.7%
Headcount growth	—	▲380.8%	▲130.4%	▲27.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£545k	£124k	£875k	£2.7m
Net assets	£1.2m	£967k	£1.8m	£2.3m
Fixed assets	£150k	£544k	£883k	£867k
Current assets	£4m	£6.6m	£8.8m	£9.9m
Debtors	£1.2m	£3.3m	£4.4m	£3.8m
Deferred income	£189k	£1.3m	£2.6m	£3.3m
Cash from operations	—	£78.6k	−£2.5m	−£4m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 3.9%; Profit ÷ revenue.
Gross margin: 11.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £88.6k; Revenue ÷ average employees.
Profit per employee: £3.4k; Profit ÷ average employees.
Cash conversion: −227.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 10.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.6%; 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: ▲26%; Now £2.3m
Cash at bank: ▲208%; Now £2.7m
Headcount: ▲28%; Now 368
Deferred income: ▲28%; Now £3.3m
Fixed assets: ▼2%; Now £867k

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

Gme Holdings Limitedultimate parent75–100%
Global Maritime Engineering Services Limitedthis company

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

Sister companies (1)

Gme Services LimitedFigures not disclosed

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 Dec 2025 (profit £1.3m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 14 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.