How much does Holyhead Towing Company Limited make?

Holyhead Towing Company Limited reported revenue of £21.9m and £4.2m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Holyhead Towing Company Limited have?

Holyhead Towing Company Limited reported an average of 27 employees in the year to 31 Mar 2025.

Is Holyhead Towing Company Limited profitable?

Yes — Holyhead Towing Company Limited reported a profit of £4.2m in the year to 31 Mar 2025.

Company No. 00871758 · Incorporated 18 Feb 1966

Holyhead Towing Company Limited

Registered name: HOLYHEAD TOWING COMPANY LIMITED

Part of HTC Investments Limited group

Holyhead Towing Company Limited made £21.9m revenue and £4.2m profit in the year to 31 Mar 2025.

Holyhead Towing Company Limited’s revenue grew 12% to £21.9m in the year to 31 Mar 2025, with £4.2m profit and 27 employees. The company is classified under “sea and coastal freight water transport” and is based in Bangor; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 50200Sea and coastal freight water transport

Status: Active
Location: Bangor, Wales
Age: 60 yrs · since 1966
Type: Private Limited Company

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: “Holyhead Towing Group Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Operating leverageCash flow filed

Revenue

£21.9m

Growth ▲12.2%

Profit

£4.2m

Growth ▲320.6%

Profit margin

18.9%

Gross 31%

Employees

Change ▲17.4%

Profit / employee

£154k

Revenue/employee £812k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£18.9m	£19.6m	£21.9m
Cost of sales	£16.6m	£17.1m	£15.1m
Gross profit	£2.3m	£2.4m	£6.8m
Operating profit	£2.3m	£1.4m	—
Profit before tax	£2.2m	£1.4m	£5m
Profit after tax	£2m	£988k	£4.2m
Profit (best available)	£2m	£988k	£4.2m
Staff costs	£1.5m	£1.6m	£2m
Employees (average)	22	23	27
Ratios
Profit margin	10.3%	5.1%	18.9%
Gross margin	12.2%	12.4%	31%
Revenue per employee	£861k	£850k	£812k
Profit per employee	£88.7k	£42.9k	£154k
Cash conversion	—	−24.8%	—
Growth (year on year)
Revenue growth	—	▲3.3%	▲12.2%
Profit growth	—	▼49.4%	▲320.6%
Headcount growth	—	▲4.5%	▲17.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£2m	£761k	£2.9m
Net assets	£12.1m	£13.1m	£17.7m
Fixed assets	£2.7m	£2.4m	£3m
Current assets	£21.1m	£21.8m	£24.7m
Debtors	£4.1m	£4.6m	£5.3m
Cash from operations	—	−£339k	£2.8m
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 18.9%; Profit ÷ revenue.
Gross margin: 31%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £812k; Revenue ÷ average employees.
Profit per employee: £154k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 24.1%; 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: ▲35%; Now £17.7m
Cash at bank: ▲277%; Now £2.9m
Headcount: ▲17%; Now 27
Deferred income: —; Now —
Fixed assets: ▲23%; Now £3m

Corporate ownership

Group structure

Ownership chain

HTC Investments Limitedultimate parent75–100%
Holyhead Towing Group Limited75–100%
Holyhead Towing Company Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

Holyhead Ship Management LimitedFigures not disclosed
Turbine Transfers LimitedFigures not disclosed

Sister companies (1)

Ynys Mon Windfarm Vessels LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £4.2m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 21 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.