Sailing Tectona CIC
Registered name: SAILING TECTONA CIC
Sailing Tectona CIC made £109k revenue and a £28.4k loss in the year to 31 Mar 2025.
Sailing Tectona CIC’s revenue fell 51% to £109k in the year to 31 Mar 2025, with a loss of £28.4k and 3 employees. The company is classified under “repair and maintenance of ships and boats” and is based in Plymouth; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Plymouth, South West
- Age
- 8 yrs · since 2018
- Type
- Community Interest Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £208k | £185k | £224k | £109k |
| Cost of sales | £49.1k | £76.1k | £132k | £90.9k |
| Gross profit | £159k | £109k | £92.6k | £18.1k |
| Operating profit | £25.5k | −£11.6k | −£5.7k | −£28.7k |
| Profit before tax | £25.5k | −£11.4k | −£5.3k | −£28.4k |
| Profit after tax | £25.5k | −£11.4k | −£5.3k | −£28.4k |
| Profit (best available) | £25.5k | −£11.4k | −£5.3k | −£28.4k |
| Employees (average) | 4 | 4 | 4 | 3 |
| Ratios | ||||
| Profit margin | 12.3% | −6.2% | −2.4% | −26.1% |
| Gross margin | 76.4% | 59% | 41.3% | 16.6% |
| Revenue per employee | £51.9k | £46.3k | £56k | £36.3k |
| Profit per employee | £6.4k | −£2.9k | −£1.3k | −£9.5k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼10.8% | ▲20.9% | ▼51.4% |
| Profit growth | — | ▼144.9% | — | — |
| Headcount growth | — | 0% | 0% | ▼25% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £49.3k | £41.7k | £36.5k | £7.7k |
| Net assets | £54.2k | £42.7k | £37.5k | £9k |
| Fixed assets | £557 | £609 | £598 | £140 |
| Current assets | £54.8k | £43.2k | £37.8k | £9.6k |
| Debtors | £5.5k | £1.5k | £1.3k | £2k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −26.1%
- Profit ÷ revenue.
- Gross margin
- 16.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £36.3k
- Revenue ÷ average employees.
- Profit per employee
- −£9.5k
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.8%
- 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
- ▼76%
- Now £9k
- Cash at bank
- ▼79%
- Now £7.7k
- Headcount
- ▼25%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▼77%
- Now £140
Group structure
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Integrale Technical Services LtdNewton Abbot · Repair and maintenance of ships and boats
- Revenue
- £133k
- Profit
- £4.4k
- Staff
- 1
- Cairndow Mechanical Services LimitedCairndow · Repair and maintenance of ships and boats
- Revenue
- £146k
- Profit
- £13.3k
- Staff
- 2
- United Shipyards LtdLondon · Repair and maintenance of ships and boats
- Revenue
- £161k
- Profit
- £47.4k
- Staff
- 0
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£28.4k), from the Companies House accounts bulk data published Dec 2025. 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.