Connector Subsea Solutions (UK) Ltd
Registered name: CONNECTOR SUBSEA SOLUTIONS (UK) LTD
Connector Subsea Solutions (UK) Ltd made £10.9m revenue and £2.2m profit in the year to 31 Dec 2025. read from filing text
Connector Subsea Solutions (UK) Ltd’s revenue fell 16% to £10.9m in the year to 31 Dec 2025, with £2.2m profit and 33 employees. The company is classified under “repair of other equipment” and is based in Wednesbury; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wednesbury, West Midlands
- Age
- 9 yrs · since 2017
- 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 immediate parent company is”
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 | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £13m | £10.9m |
| Cost of sales | — | — | £6.4m | £3.6m |
| Gross profit | — | — | £6.6m | £7.3m |
| Operating profit | — | — | £2.8m | £3.3m |
| Profit before tax | — | — | £2.8m | £3.3m |
| Profit after tax | — | — | £2.2m | £2.2m |
| Profit (best available) | — | — | £2.2m | £2.2m |
| Staff costs | — | — | £2.4m | £2.4m |
| Employees (average) | 24 | 29 | 33 | 33 |
| Ratios | ||||
| Profit margin | — | — | 17.1% | 20.4% |
| Gross margin | — | — | 50.7% | 66.8% |
| Revenue per employee | — | — | £394k | £330k |
| Profit per employee | — | — | £67.4k | £67.3k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼16.3% |
| Profit growth | — | — | — | ▼0.1% |
| Headcount growth | — | ▲20.8% | ▲13.8% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £19.8k | £785k | £1.3m | £1.9m |
| Net assets | −£62.6k | £1.3m | £3.5m | £5.7m |
| Fixed assets | £1.7m | £1.7m | £1.4m | £1.2m |
| Current assets | £2.2m | £3.2m | £6.5m | £8.5m |
| Debtors | £0 | £611k | £1.7m | £1.8m |
| Deferred income | — | — | £2.4m | £1m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 20.4%
- Profit ÷ revenue.
- Gross margin
- 66.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £330k
- Revenue ÷ average employees.
- Profit per employee
- £67.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 9.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.4%
- 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
- ▲63%
- Now £5.7m
- Cash at bank
- ▲41%
- Now £1.9m
- Headcount
- 0%
- Now 33
- Deferred income
- ▼57%
- Now £1m
- Fixed assets
- ▼14%
- Now £1.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.2m), from the Companies House accounts bulk data published Aug 2026. 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.