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Company No. 14217929 · Incorporated 6 Jul 2022

Adriatic Tanker Limited

Registered name: ADRIATIC TANKER LIMITED

Adriatic Tanker Limited made £7.6m revenue and £1.8m profit in the year to 31 Dec 2024.

Adriatic Tanker Limited’s revenue was £7.6m in the year to 31 Dec 2024, with £1.8m profit and 0 employees. The company is classified under “sea and coastal freight water transport” and is based in Southampton; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 50200Sea and coastal freight water transport
Status
Active
Location
Southampton, South East
Age
4 yrs · since 2022
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2024

Key figures

IndependentSmall teamYoung and profitable
Revenue
£7.6m
Growth —
Profit
£1.8m
Growth —
Profit margin
24.2%
Gross 95.9%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
2yrs
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 to31 Dec 202331 Dec 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£9.9m£7.6m
Cost of sales£6k£309k
Gross profit£9.8m£7.3m
Operating profit£5.3m£4m
Profit before tax£2.6m£1.8m
Profit after tax£2.6m£1.8m
Profit (best available)£2.6m£1.8m
Employees (average)00
Ratios
Profit margin26.4%24.2%
Gross margin99.9%95.9%
Balance sheet — indirect signals, not revenue
Cash at bank£239k£945k
Net assets£10.2m£9.1m
Fixed assets£25.9m£25.9m
Current assets£2.6m£2.7m
Debtors£288k£26k
Deferred income£0£0
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
24.2%
Profit ÷ revenue.
Gross margin
95.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
341.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.3%
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 £9.1m
Cash at bank
—
Now £945k
Headcount
—
Now 0
Deferred income
—
Now £0
Fixed assets
—
Now £25.9m

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 2024 (profit £1.8m), from the Companies House accounts bulk data published Sep 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.