Skip to content
CompanySight
Company No. 14217966 · Incorporated 6 Jul 2022

Baltic Tanker Limited

Registered name: BALTIC TANKER LIMITED

Baltic Tanker Limited made £6.3m revenue and £403k profit in the year to 31 Dec 2024.

Baltic Tanker Limited’s revenue was £6.3m in the year to 31 Dec 2024, with £403k 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
£6.3m
Growth —
Profit
£403k
Growth —
Profit margin
6.4%
Gross 62.2%
Employees
0
Change —
Profit / employee
—
 
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 to31 Dec 202331 Dec 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£7m£6.3m
Cost of sales£3m£2.4m
Gross profit£4m£3.9m
Operating profit£2.4m£2.7m
Profit before tax−£124k£403k
Profit after tax−£124k£403k
Profit (best available)−£124k£403k
Employees (average)00
Ratios
Profit margin−1.8%6.4%
Gross margin57.5%62.2%
Balance sheet — indirect signals, not revenue
Cash at bank£192k£693k
Net assets£8.6m£8.2m
Fixed assets£27.2m£26.1m
Current assets£832k£2m
Debtors£153k£441k
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
6.4%
Profit ÷ revenue.
Gross margin
62.2%
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
412.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7%
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 £8.2m
Cash at bank
—
Now £693k
Headcount
—
Now 0
Deferred income
—
Now —
Fixed assets
—
Now £26.1m
Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £403k), 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.