How much does Shearwater Shared Services Limited make?

Shearwater Shared Services Limited reported revenue of £1.6m and £187k profit in the year to 30 Jun 2025, according to its accounts filed at Companies House.

How many employees does Shearwater Shared Services Limited have?

Shearwater Shared Services Limited reported an average of 10 employees in the year to 30 Jun 2025.

Is Shearwater Shared Services Limited profitable?

Yes — Shearwater Shared Services Limited reported a profit of £187k in the year to 30 Jun 2025.

Company No. 11331923 · Incorporated 26 Apr 2018

Shearwater Shared Services Limited

Registered name: SHEARWATER SHARED SERVICES LIMITED

Part of Shearwater Group Plc group

Shearwater Shared Services Limited made £1.6m revenue and £187k profit in the year to 30 Jun 2025.

Shearwater Shared Services Limited’s revenue was £1.6m in the year to 30 Jun 2025, with £187k profit and 10 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: London, London
Age: 8 yrs · since 2018
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 30 Jun 2025

Key figures

Capital-light

Revenue

£1.6m

Growth —

Profit

£187k

Growth —

Profit margin

11.4%

Gross 100%

Employees

Change —

Profit / employee

£18.7k

Revenue/employee £164k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2024	30 Jun 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.5m	£1.6m
Cost of sales	£0	£0
Gross profit	£1.5m	£1.6m
Operating profit	−£25.1k	£188k
Profit before tax	−£26.1k	£187k
Profit after tax	−£26.5k	£187k
Profit (best available)	−£26.5k	£187k
Employees (average)	9	10
Ratios
Profit margin	−1.7%	11.4%
Gross margin	100%	100%
Revenue per employee	£172k	£164k
Profit per employee	−£2.9k	£18.7k
Balance sheet — indirect signals, not revenue
Cash at bank	£229k	£10.6k
Net assets	£646k	£836k
Fixed assets	£2.1k	£1.5k
Current assets	£5.8m	£8.2m
Debtors	£0	£25.8k
Deferred income	£221k	£197k
Source	FullAccounts · bulk data Mar 2026	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 11.4%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £164k; Revenue ÷ average employees.
Profit per employee: £18.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 12%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.6%; 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: —; Now £836k
Cash at bank: —; Now £10.6k
Headcount: —; Now 10
Deferred income: —; Now £197k
Fixed assets: —; Now £1.5k

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

Shearwater Group Plc (registered outside the UK register)ultimate parent75–100%
Shearwater Shared Services Limitedthis company

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

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 30 Jun 2025 (profit £187k), from the Companies House accounts bulk data published Mar 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.