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Company No. SC302127 · Incorporated 10 May 2006

Trace Oilfield Services Limited

Registered name: TRACE OILFIELD SERVICES LIMITED

Trace Oilfield Services Limited made £41.6k revenue and £12.5k profit in the year to 31 Mar 2025. read from filing text

Trace Oilfield Services Limited’s revenue grew 72% to £41.6k in the year to 31 Mar 2025, with £12.5k profit and 1 employee. The company is classified under “other professional, scientific and technical activities” and is based in Dundee; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.
Status
Active
Location
Dundee, Scotland
Age
20 yrs · since 2006
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

IndependentSmall teamOperating leverage
Revenue
£41.6k
Growth ▲71.9%
Profit
£12.5k
Growth ▲129.9%
Profit margin
30%
 
Employees
1
Change 0%
Profit / employee
£12.5k
Revenue/employee £41.6k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureNo P&LNo P&LFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)——£24.2k£41.6k
Profit after tax——£5.4k£12.5k
Profit (best available)——£5.4k£12.5k
Staff costs——£9.1k£9.1k
Employees (average)1111
Ratios
Profit margin——22.5%30%
Revenue per employee——£24.2k£41.6k
Profit per employee——£5.4k£12.5k
Growth (year on year)
Revenue growth———▲71.9%
Profit growth———▲129.9%
Headcount growth—0%0%0%
Balance sheet — indirect signals, not revenue
Net assets£55.2k£22k£19.5k£17.4k
Fixed assets£10k£19.7k£20.1k£23.8k
Current assets£50.1k£8.2k£4.9k£2.6k
SourceFullAccounts · bulk data Mar 2024FullAccounts · bulk data Mar 2024FullAccounts · bulk data May 2025FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
30%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£41.6k
Revenue ÷ average employees.
Profit per employee
£12.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
57.2%
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.
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
▼11%
Now £17.4k
Cash at bank
—
Now —
Headcount
0%
Now 1
Deferred income
—
Now —
Fixed assets
▲18%
Now £23.8k
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £12.5k), from the Companies House accounts bulk data published Dec 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.