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Company No. SC549657 · Incorporated 9 Nov 2016

Clyde Commercial Diving Ltd

Registered name: CLYDE COMMERCIAL DIVING LTD

Clyde Commercial Diving Ltd made £2.9m revenue and a £323k loss in the year to 30 Nov 2024. read from filing text

Clyde Commercial Diving Ltd’s revenue fell 53% to £2.9m in the year to 30 Nov 2024, with a loss of £323k and 6 employees. The company is classified under “other specialised construction activities” and is based in Clydebank; we hold 3 years of its filed accounts.

Status
Active
Location
Clydebank, Scotland
Age
9 yrs · since 2016
Type
Private Limited Company
Latest accounts · year to 30 Nov 2024

Key figures

IndependentSmall teamBoring industry
Revenue
£2.9m
Growth ▼53%
Profit
−£323k
Growth ▼123.2%
Profit margin
−11.3%
Gross 41.5%
Employees
6
Change ▲50%
Profit / employee
−£53.8k
Revenue/employee £478k
Profitable streak
0yrs
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 to30 Nov 202230 Nov 202330 Nov 2024
DisclosureNo P&LFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)—£6.1m£2.9m
Cost of sales—£2m£1.7m
Gross profit—£4.1m£1.2m
Operating profit—£1.8m−£325k
Profit before tax—£1.8m−£323k
Profit after tax—£1.4m−£323k
Profit (best available)—£1.4m−£323k
Employees (average)046
Ratios
Profit margin—22.8%−11.3%
Gross margin—66.5%41.5%
Revenue per employee—£1.5m£478k
Profit per employee—£347k−£53.8k
Growth (year on year)
Revenue growth——▼53%
Profit growth——▼123.2%
Headcount growth——▲50%
Balance sheet — indirect signals, not revenue
Cash at bank£308k£1.2m£558k
Net assets£1m£2.1m£2m
Fixed assets£266k£753k£995k
Current assets£1.1m£2m£1.6m
Debtors£396k£79.2k£241k
SourceFullAccounts · bulk data Apr 2024FullAccounts · bulk data Apr 2024FullAccounts · bulk data Aug 2025
Derived from the latest filing

How the business works

Profit margin
−11.3%
Profit ÷ revenue.
Gross margin
41.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£478k
Revenue ÷ average employees.
Profit per employee
−£53.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
34.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
8.4%
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
▼4%
Now £2m
Cash at bank
▼54%
Now £558k
Headcount
▲50%
Now 6
Deferred income
—
Now —
Fixed assets
▲32%
Now £995k
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 30 Nov 2024 (profit −£323k), from the Companies House accounts bulk data published Aug 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.