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Company No. SC725852 · Incorporated 10 Mar 2022

Macinnes Offshore Ltd

Registered name: MACINNES OFFSHORE LTD

Macinnes Offshore Ltd made £95.9k revenue and £29.9k profit in the year to 31 Mar 2026.

Macinnes Offshore Ltd’s revenue fell 28% to £95.9k in the year to 31 Mar 2026, with £29.9k profit and 1 employee. The company is classified under “other specialised construction activities” and is based in Tain; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.
Status
Active
Location
Tain, Scotland
Age
4 yrs · since 2022
Type
Private Limited Company
Latest accounts · year to 31 Mar 2026

Key figures

IndependentSmall teamYoung and profitableBoring industry
Revenue
£95.9k
Growth ▼28.3%
Profit
£29.9k
Growth ▼50%
Profit margin
31.2%
 
Employees
1
Change 0%
Profit / employee
£29.9k
Revenue/employee £95.9k
Profitable streak
3yrs
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 202331 Mar 202431 Mar 202531 Mar 2026
DisclosureNo P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£90.1k£134k£95.9k
Profit before tax—£50.5k£72.6k£36.3k
Profit after tax—£42.5k£59.8k£29.9k
Profit (best available)—£42.5k£59.8k£29.9k
Staff costs—£22.1k£38.3k£36.6k
Employees (average)1111
Ratios
Profit margin—47.1%44.7%31.2%
Revenue per employee—£90.1k£134k£95.9k
Profit per employee—£42.5k£59.8k£29.9k
Growth (year on year)
Revenue growth——▲48.4%▼28.3%
Profit growth——▲40.8%▼50%
Headcount growth—0%0%0%
Balance sheet — indirect signals, not revenue
Net assets£20.5k£22k£49.4k£27.3k
Fixed assets£14.4k£16.5k£37.1k£32.9k
Current assets£83.2k£88.1k£130k£120k
SourceFilletedAccounts · bulk data Jul 2024FilletedAccounts · bulk data Jul 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
31.2%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£95.9k
Revenue ÷ average employees.
Profit per employee
£29.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
34.3%
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
▼45%
Now £27.3k
Cash at bank
—
Now —
Headcount
0%
Now 1
Deferred income
—
Now —
Fixed assets
▼11%
Now £32.9k
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £29.9k), 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.