Dales Marine Services Limited
Registered name: DALES MARINE SERVICES LIMITED
Part of Neorion Topco Limited groupDales Marine Services Limited made £26.1m revenue and £1.7m profit in the year to 31 Dec 2025.
Dales Marine Services Limited’s revenue fell 20% to £26.1m in the year to 31 Dec 2025, with £1.7m profit and 135 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
- 30 yrs · since 1996
- 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) | £30.1m | £30.6m | £32.5m | £26.1m |
| Cost of sales | £21m | £20.5m | −£22.9m | −£19m |
| Gross profit | £9m | £10.1m | £9.6m | £7m |
| Operating profit | £5.1m | £5.4m | £4.2m | £2m |
| Profit before tax | £6.1m | £12.6m | £4.2m | £2.1m |
| Profit after tax | £5.3m | £11.8m | £3.6m | £1.7m |
| Profit (best available) | £5.3m | £11.8m | £3.6m | £1.7m |
| Staff costs | £7.9m | £8.8m | — | — |
| Employees (average) | 133 | 133 | 143 | 135 |
| Ratios | ||||
| Profit margin | 17.6% | 38.5% | 11.1% | 6.6% |
| Gross margin | 30% | 33.1% | 29.5% | 27% |
| Revenue per employee | £226k | £230k | £227k | £193k |
| Profit per employee | £39.8k | £88.6k | £25.3k | £12.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲1.9% | ▲6.2% | ▼19.8% |
| Profit growth | — | ▲122.8% | ▼69.3% | ▼52.2% |
| Headcount growth | — | 0% | ▲7.5% | ▼5.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.8m | £1.2m | — | — |
| Net assets | £10.6m | £5.5m | — | — |
| Fixed assets | £8.4m | £8.7m | — | — |
| Current assets | £15.9m | £19.5m | — | — |
| Debtors | £4.8m | £5.2m | — | — |
| Deferred income | £1.8m | £2.2m | — | — |
| 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
- 6.6%
- Profit ÷ revenue.
- Gross margin
- 27%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £193k
- Revenue ÷ average employees.
- Profit per employee
- £12.8k
- 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 135
- 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 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Dales Marine Services (Greenock) LimitedRev. £20.2m · Profit £2.6m
- 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
- Southampton Marine Services LimitedFareham · Repair and maintenance of ships and boats
- Revenue
- £26.9m
- Profit
- £1.8m
- Staff
- 105
- Shield Environmental Services LimitedBristol · Repair and maintenance of ships and boats
- Revenue
- £28.2m
- Profit
- £366k
- Staff
- 240
- Berthon Boat Company LimitedLymington · Repair and maintenance of ships and boats
- Revenue
- £22.7m
- Profit
- £1m
- Staff
- —
- Trimline LimitedWhiteley · Repair and maintenance of ships and boats
- Revenue
- £22.3m
- Profit
- £1.6m
- Staff
- 42
- Dales Marine Services (Greenock) LimitedAberdeen · Repair and maintenance of ships and boats
- Revenue
- £20.2m
- Profit
- £2.6m
- Staff
- 66
- Sca Group LimitedBasildon · Repair and maintenance of ships and boats
- Revenue
- £17.4m
- Profit
- £735k
- Staff
- 145
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £1.7m), 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.