Helix Offshore Crewing Services Limited
Registered name: HELIX OFFSHORE CREWING SERVICES LIMITED
Part of Helix Energy Solutions Group, Inc. groupHelix Offshore Crewing Services Limited made £66.9m revenue and £273k profit in the year to 31 Dec 2025.
Helix Offshore Crewing Services Limited’s revenue fell 8% to £66.9m in the year to 31 Dec 2025, with £273k profit and 574 employees. The company is classified under “temporary employment agency activities” and is based in Aberdeen; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Aberdeen, Scotland
- Age
- 22 yrs · since 2004
- 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.
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 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £73.1m | £66.9m |
| Cost of sales | £72.4m | £66.6m |
| Gross profit | £745k | £373k |
| Operating profit | £695k | £361k |
| Profit before tax | £712k | £364k |
| Profit after tax | £533k | £273k |
| Profit (best available) | £533k | £273k |
| Staff costs | £65.8m | £62.2m |
| Employees (average) | 610 | 574 |
| Ratios | ||
| Profit margin | 0.7% | 0.4% |
| Gross margin | 1% | 0.6% |
| Revenue per employee | £120k | £117k |
| Profit per employee | £874 | £476 |
| Growth (year on year) | ||
| Revenue growth | — | ▼8.5% |
| Profit growth | — | ▼48.8% |
| Headcount growth | — | ▼5.9% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £819k | £849k |
| Net assets | £1.3m | £1.6m |
| Current assets | £12.3m | £11m |
| Debtors | £11.5m | £10.2m |
| Deferred income | £118k | £91k |
| Source | FullAccounts · bulk data Jul 2026 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 0.4%
- Profit ÷ revenue.
- Gross margin
- 0.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £117k
- Revenue ÷ average employees.
- Profit per employee
- £476
- 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
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.2%
- 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
- ▲21%
- Now £1.6m
- Cash at bank
- ▲4%
- Now £849k
- Headcount
- ▼6%
- Now 574
- Deferred income
- ▼23%
- Now £91k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Helix Energy Solutions Group, Inc. (registered outside the UK register)ultimate parent75–100%
- Helix International Group Holdings (U.K.) Limited75–100%
- Helix Energy Solutions (U.K.) Limited75–100%
- Helix Well Ops (U.K.) Limited75–100%
- Helix Offshore Crewing Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Subsea Technologies Group LimitedRev. £6.1m · Profit £2.2m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £273k), from the Companies House accounts bulk data published Jul 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.