Maraen Solutions Limited
Registered name: MARAEN SOLUTIONS LIMITED
Part of Mitsui & Co., Ltd. groupMaraen Solutions Limited made £11.8m revenue and £1.1m profit in the year to 31 Mar 2024.
Maraen Solutions Limited’s revenue fell 4% to £11.8m in the year to 31 Mar 2024, with £1.1m profit. The company is classified under “other business support service activities” and is based in Scotland; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Scotland
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £12.3m | £11.8m |
| Cost of sales | −£10.4m | −£9.4m |
| Gross profit | £1.8m | £2.4m |
| Operating profit | £532k | £1.5m |
| Profit before tax | £532k | £1.5m |
| Profit after tax | £433k | £1.1m |
| Profit (best available) | £433k | £1.1m |
| Employees (average) | — | — |
| Ratios | ||
| Profit margin | 3.5% | 9.2% |
| Gross margin | 14.9% | 20.6% |
| Growth (year on year) | ||
| Revenue growth | — | ▼3.8% |
| Profit growth | — | ▲151.7% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Jan 2025 | Accounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 9.2%
- Profit ÷ revenue.
- Gross margin
- 20.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Mitsui & Co., Ltd. (registered outside the UK register)ultimate parent75–100%
- Mitsui & Co. Europe Ltd50–75%
- Maraen Holdings Limited75–100%
- Maraen Solutions Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Maraen Fabrication LimitedFigures not disclosed
- Maraen Port of Nigg LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2024 (profit £1.1m), from the Companies House accounts bulk data published Jan 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.