Dales Marine Services (Greenock) Limited
Registered name: DALES MARINE SERVICES (GREENOCK) LIMITED
Part of Neorion Topco Limited groupDales Marine Services (Greenock) Limited made £20.2m revenue and £2.6m profit in the year to 31 Dec 2025.
Dales Marine Services (Greenock) Limited’s revenue was £20.2m in the year to 31 Dec 2025, with £2.6m profit and 66 employees. The company is classified under “repair and maintenance of ships and boats” and is based in Aberdeen; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Aberdeen, Scotland
- Age
- 39 yrs · since 1987
- 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.
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 | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £15.7m | £18.8m | £20.3m | £20.2m |
| Cost of sales | £11.2m | £13.8m | −£14.7m | −£15.1m |
| Gross profit | — | £5m | £5.6m | £5.1m |
| Operating profit | £2.9m | £3.4m | £3.7m | £2.9m |
| Profit before tax | £2.9m | £3.4m | £3.7m | £2.9m |
| Profit after tax | £2.5m | £2.8m | £2.9m | £2.6m |
| Profit (best available) | £2.5m | £2.8m | £2.9m | £2.6m |
| Staff costs | £3m | £3.9m | — | — |
| Employees (average) | 62 | 66 | 70 | 66 |
| Ratios | ||||
| Profit margin | 15.7% | 15.1% | 14.2% | 12.7% |
| Gross margin | — | 26.7% | 27.7% | 25.4% |
| Revenue per employee | £253k | £284k | £290k | £307k |
| Profit per employee | £39.6k | £42.9k | £41.1k | £38.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲19.8% | ▲8.3% | ▼0.5% |
| Profit growth | — | ▲15.5% | ▲1.6% | ▼11% |
| Headcount growth | — | ▲6.5% | ▲6.1% | ▼5.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.7m | £616k | — | — |
| Net assets | £6.7m | £3.7m | — | — |
| Fixed assets | £2.8m | £2.6m | — | — |
| Current assets | £6m | £6.3m | — | — |
| Debtors | £2.3m | £2.7m | — | — |
| Deferred income | £613k | £1m | — | — |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | Accounts · bulk data Aug 2025 | Accounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 12.7%
- Profit ÷ revenue.
- Gross margin
- 25.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £307k
- Revenue ÷ average employees.
- Profit per employee
- £38.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼6%
- Now 66
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Neorion Topco Limitedultimate parent75–100%
- Neorion Bidco Limited75–100%
- Dales Engineering Limited75–100%
- Dales Marine Services Limited75–100%
- Dales Marine Services (Greenock) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Dales Properties (Scotland) LimitedFigures not disclosed
- Forth Group LimitedFigures not disclosed
- Grangemouth Ship Repairs LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Trimline LimitedWhiteley · Repair and maintenance of ships and boats
- Revenue
- £22.3m
- Profit
- £1.6m
- Staff
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- Berthon Boat Company LimitedLymington · Repair and maintenance of ships and boats
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- Sca Group LimitedBasildon · Repair and maintenance of ships and boats
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- £17.4m
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- Dales Marine Services LimitedAberdeen · Repair and maintenance of ships and boats
- Revenue
- £26.1m
- Profit
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- Staff
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- Southampton Marine Services LimitedFareham · Repair and maintenance of ships and boats
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- £26.9m
- Profit
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- Shield Environmental Services LimitedBristol · Repair and maintenance of ships and boats
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- Profit
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £2.6m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 13 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.