Proteus Pier Limited
Registered name: PROTEUS PIER LIMITED
Part of Proteus Holdings Limited groupProteus Pier Limited made £16.7m revenue and a £4.7m loss in the year to 30 Jun 2024. read from filing text
Proteus Pier Limited’s revenue was £16.7m in the year to 30 Jun 2024, with a loss of £4.7m and 0 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in Glasgow.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 3 yrs · since 2023
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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. From the filing: “At 30 June 2024, the Company was wholly owned and controlled by P Flynn.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2024 |
|---|---|
| Disclosure | Full P&Lread from filing text |
| Profit & loss | |
| Revenue (turnover) | £16.7m |
| Cost of sales | £16.7m |
| Gross profit | −£23.7k |
| Profit before tax | −£5.2m |
| Profit after tax | −£4.7m |
| Profit (best available) | −£4.7m |
| Employees (average) | 0 |
| Ratios | |
| Profit margin | −28.4% |
| Gross margin | −0.1% |
| Balance sheet — indirect signals, not revenue | |
| Cash at bank | £48.5k |
| Net assets | −£4.7m |
| Current assets | £25.9m |
| Debtors | £6.6m |
| Deferred income | £22.5k |
| Cash from operations | £10.2m |
| Source | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- −28.4%
- Profit ÷ revenue.
- Gross margin
- −0.1%
- 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
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 39.3%
- 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 −£4.7m
- Cash at bank
- —
- Now £48.5k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now £22.5k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Proteus Holdings Limitedultimate parent75–100%
- Proteus Pier Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Proteus Cove LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit −£4.7m), from the Companies House accounts bulk data published Apr 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.