Wight Shipyard Company Limited
Registered name: WIGHT SHIPYARD COMPANY LIMITED
Wight Shipyard Company Limited made £20.2m revenue and £259k profit in the year to 31 Dec 2025. read from filing text
Wight Shipyard Company Limited’s revenue grew 4% to £20.2m in the year to 31 Dec 2025, with £259k profit and 122 employees. The company is classified under “building of ships and floating structures” and is based in Fareham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Fareham, South East
- 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 parent company is OCEA Holding S.A, a company registered in France. Their registered office is Les Sables d'Olonne (85100), Quai de la Cabaude.”
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&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £25.9m | £10m | £19.5m | £20.2m |
| Cost of sales | £22.9m | £13.8m | £18.6m | £16.2m |
| Gross profit | £3m | −£3.8m | £919k | £4m |
| Operating profit | −£172k | −£6.9m | −£2.7m | £171k |
| Profit before tax | −£182k | −£7.2m | −£2.9m | £53.1k |
| Profit after tax | £31.6k | −£5.9m | −£2.4m | £259k |
| Profit (best available) | £31.6k | −£5.9m | −£2.4m | £259k |
| Staff costs | £3.6m | £4.8m | £6m | £4.6m |
| Employees (average) | 62 | 112 | 129 | 122 |
| Ratios | ||||
| Profit margin | 0.1% | −59.3% | −12.5% | 1.3% |
| Gross margin | 11.4% | −38.5% | 4.7% | 19.8% |
| Revenue per employee | £417k | £89.3k | £151k | £166k |
| Profit per employee | £510 | −£52.9k | −£18.9k | £2.1k |
| Cash conversion | — | — | — | −3214% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲95% | ▲3.6% |
| Headcount growth | — | — | ▲15.2% | ▼5.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £331k | £48.6k | £257k | £1.6m |
| Net assets | −£2.5m | £887k | £50.9k | £310k |
| Fixed assets | £4.7m | £7.3m | £9m | £12.1m |
| Current assets | £9.1m | £7.3m | £10.3m | £9.3m |
| Debtors | £2.7m | £2m | £5.8m | £2m |
| Deferred income | £3.2m | £4.3m | £6.3m | £7.9m |
| Cash from operations | −£2m | £4m | −£2.6m | −£5.5m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 1.3%
- Profit ÷ revenue.
- Gross margin
- 19.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £166k
- Revenue ÷ average employees.
- Profit per employee
- £2.1k
- Profit ÷ average employees.
- Cash conversion
- −3214%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 59.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 38.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.8%
- 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
- ▲508%
- Now £310k
- Cash at bank
- ▲540%
- Now £1.6m
- Headcount
- ▼5%
- Now 122
- Deferred income
- ▲25%
- Now £7.9m
- Fixed assets
- ▲35%
- Now £12.1m
Similar profitable businesses
- Parkol Marine Engineering LtdWhitby · Building of ships and floating structures
- Revenue
- £13.7m
- Profit
- £737k
- Staff
- 55
- UK Docks Marine Services Teesside LimitedSouth Shields · Building of ships and floating structures
- Revenue
- £13.6m
- Profit
- £2.1m
- Staff
- 37
- Macduff Shipyards LimitedBuilding of ships and floating structures
- Revenue
- £30.4m
- Profit
- £1.7m
- Staff
- 215
- UK Docks Marine Services North LimitedSouth Shields · Building of ships and floating structures
- Revenue
- £38.8m
- Profit
- £4m
- Staff
- 45
- Holyhead Marine Services LimitedAnglesey · Building of ships and floating structures
- Revenue
- £7.7m
- Profit
- £584k
- Staff
- 63
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £259k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 16 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.