Saltire Energy Limited
Registered name: SALTIRE ENERGY LIMITED
Saltire Energy Limited made £8.7m profit in the year to 30 Jun 2025 (revenue not disclosed).
Saltire Energy Limited reported £8.7m profit in the year to 30 Jun 2025, up 19% on the year before; its revenue was not disclosed. It had 40 employees. The company is classified under “support activities for petroleum and natural gas extraction” 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
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Profit only | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | — |
| Cost of sales | £7.7m | £8.8m | £10.5m | £8.9m |
| Profit after tax | £5.2m | £11m | £7.3m | £8.7m |
| Profit (best available) | £5.2m | £11m | £7.3m | £8.7m |
| Staff costs | £1.6m | £1.7m | £2.4m | £2.1m |
| Employees (average) | 38 | 39 | 40 | 40 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Profit per employee | £136k | £282k | £182k | £216k |
| Growth (year on year) | ||||
| Profit growth | — | ▲112.7% | ▼34% | ▲19.2% |
| Headcount growth | — | ▲2.6% | ▲2.6% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.4m | £2.8m | £1.4m | £1.1m |
| Net assets | £47.1m | £58.1m | £64.6m | £73.2m |
| Fixed assets | £70m | £71.3m | £73.2m | £81.1m |
| Current assets | £21.9m | £31.2m | £30.9m | £19.7m |
| Debtors | £4.2m | £6.6m | £4.6m | £4.5m |
| Deferred income | £185k | £771k | £1.4m | £1.5m |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £216k
- 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
- ▲13%
- Now £73.2m
- Cash at bank
- ▼23%
- Now £1.1m
- Headcount
- 0%
- Now 40
- Deferred income
- ▲5%
- Now £1.5m
- Fixed assets
- ▲11%
- Now £81.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (3)
- Saltire Drilling Tools LimitedActive - Proposal to Strike offFigures not disclosed
- Saltire Energy (Norway) LimitedActive - Proposal to Strike offFigures not disclosed
- Saltire Pressure Control LimitedFigures not disclosed
Minority corporate shareholders
- Optimus Corporate Services Limited (registered outside the UK register) 25–50%
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Wood Mackenzie LimitedEdinburgh · Support activities for petroleum and natural gas extraction
- Revenue
- £299m
- Profit
- £18.7m
- Staff
- 833
- United Rentals UK LimitedBrigg · Support activities for petroleum and natural gas extraction
- Revenue
- £16.5m
- Profit
- £3.6m
- Staff
- 53
- Geoactive LimitedAberdeen · Support activities for petroleum and natural gas extraction
- Revenue
- £13m
- Profit
- £3.5m
- Staff
- 60
- Cyan Subsea UK Ltd.Aberdeen · Support activities for petroleum and natural gas extraction
- Revenue
- £13.9m
- Profit
- £2.8m
- Staff
- 67
- HCS Aberdeen LimitedGlenrothes · Support activities for petroleum and natural gas extraction
- Revenue
- £12m
- Profit
- £1.9m
- Staff
- 48
- Beaver Management Services LimitedBillingham · Support activities for petroleum and natural gas extraction
- Revenue
- £77.1m
- Profit
- £1.8m
- Staff
- 85
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £8.7m), from the Companies House accounts bulk data published Mar 2026. 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.