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Company No. 10333818 · Incorporated 17 Aug 2016

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.”

Latest accounts · year to 31 Dec 2025

Key figures

Doing more with lessCash flow filed
Revenue
£20.2m
Growth ▲3.6%
Profit
£259k
Growth —
Profit margin
1.3%
Gross 19.8%
Employees
122
Change ▼5.4%
Profit / employee
£2.1k
Revenue/employee £166k
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 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull 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)62112129122
Ratios
Profit margin0.1%−59.3%−12.5%1.3%
Gross margin11.4%−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
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

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.
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
▲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
Same industry, similar size

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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.