Neptune Shipping Agency Limited
Registered name: NEPTUNE SHIPPING AGENCY LIMITED
Neptune Shipping Agency Limited made £19.3m revenue and £605k profit in the year to 31 Aug 2024.
Neptune Shipping Agency Limited’s revenue fell 1% to £19.3m in the year to 31 Aug 2024, with £605k profit and 40 employees. The company is classified under “other transportation support activities” and is based in Callington; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Callington, South West
- Age
- 69 yrs · since 1957
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £30.2m | £19.4m | £19.3m |
| Cost of sales | — | £17m | £16.6m |
| Gross profit | — | £2.5m | £2.7m |
| Operating profit | — | £748k | £958k |
| Profit before tax | £963k | £639k | £804k |
| Profit after tax | £782k | £499k | £605k |
| Profit (best available) | £782k | £499k | £605k |
| Staff costs | £1.4m | £1.3m | £1.3m |
| Employees (average) | 44 | 41 | 40 |
| Ratios | |||
| Profit margin | 2.6% | 2.6% | 3.1% |
| Gross margin | — | 12.6% | 14% |
| Revenue per employee | £686k | £474k | £482k |
| Profit per employee | £17.8k | £12.2k | £15.1k |
| Cash conversion | — | 224.9% | −29.6% |
| Growth (year on year) | |||
| Revenue growth | — | ▼35.6% | ▼0.6% |
| Profit growth | — | ▼36.1% | ▲21.2% |
| Headcount growth | — | ▼6.8% | ▼2.4% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £46.4k | £48.8k | £68.2k |
| Net assets | £698k | £849k | £926k |
| Fixed assets | £1.7m | £2m | £2.2m |
| Current assets | £5.2m | £3.1m | £4m |
| Debtors | £4.6m | £2.2m | £3.2m |
| Cash from operations | −£1.6m | £1.7m | −£283k |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 3.1%
- Profit ÷ revenue.
- Gross margin
- 14%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £482k
- Revenue ÷ average employees.
- Profit per employee
- £15.1k
- Profit ÷ average employees.
- Cash conversion
- −29.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 11.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.6%
- 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
- ▲9%
- Now £926k
- Cash at bank
- ▲40%
- Now £68.2k
- Headcount
- ▼2%
- Now 40
- Deferred income
- —
- Now —
- Fixed assets
- ▲10%
- Now £2.2m
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £605k), from the Companies House accounts bulk data published Jan 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.