How much does Rotech Subsea Limited make?

Rotech Subsea Limited reported revenue of £17.2m and £1.2m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Rotech Subsea Limited have?

Rotech Subsea Limited reported an average of 48 employees in the year to 31 Dec 2024.

Is Rotech Subsea Limited profitable?

Yes — Rotech Subsea Limited reported a profit of £1.2m in the year to 31 Dec 2024.

Company No. SC451221 · Incorporated 30 May 2013

Rotech Subsea Limited

Registered name: ROTECH SUBSEA LIMITED

Part of Rotech International Limited group

Rotech Subsea Limited made £17.2m revenue and £1.2m profit in the year to 31 Dec 2024.

Rotech Subsea Limited’s revenue grew 62% to £17.2m in the year to 31 Dec 2024, with £1.2m profit and 48 employees. The company is classified under “support activities for petroleum and natural gas extraction” and is based in Aberdeen; we hold 3 years of its filed accounts.

Full P&L filedSection B · Mining and quarryingSIC 09100Support activities for petroleum and natural gas extraction

Status: Active
Location: Aberdeen, Scotland
Age: 13 yrs · since 2013
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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£17.2m

Growth ▲61.9%

Profit

£1.2m

Growth ▼18.5%

Profit margin

6.8%

Gross 19.1%

Employees

Change ▲26.3%

Profit / employee

£24.3k

Revenue/employee £358k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£10.6m	£17.2m
Cost of sales	—	£7.9m	£13.9m
Gross profit	—	£2.8m	£3.3m
Operating profit	—	£1.6m	£1.4m
Profit before tax	—	£1.6m	£1.4m
Profit after tax	—	£1.4m	£1.2m
Profit (best available)	—	£1.4m	£1.2m
Staff costs	—	£3.6m	£5m
Employees (average)	33	38	48
Ratios
Profit margin	—	13.5%	6.8%
Gross margin	—	26%	19.1%
Revenue per employee	—	£280k	£358k
Profit per employee	—	£37.7k	£24.3k
Growth (year on year)
Revenue growth	—	—	▲61.9%
Profit growth	—	—	▼18.5%
Headcount growth	—	▲15.2%	▲26.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.8m	£3.4m	£4.8m
Net assets	£5.2m	£6.7m	£6.3m
Fixed assets	£6.1k	£2.9k	£87.3k
Current assets	£6m	£7.2m	—
Debtors	£3.1m	£1.2m	£3.6m
Deferred income	£109k	£175k	£189k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 6.8%; Profit ÷ revenue.
Gross margin: 19.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £358k; Revenue ÷ average employees.
Profit per employee: £24.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.9%; 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: ▼5%; Now £6.3m
Cash at bank: ▲40%; Now £4.8m
Headcount: ▲26%; Now 48
Deferred income: ▲8%; Now £189k
Fixed assets: ▲2945%; Now £87.3k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Rotech International Limitedultimate parent75–100%
Rotech Holdings Limited75–100%
Rotech Subsea Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Rotech Engineering LimitedFigures not disclosed
Rotech LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.2m), 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.