Holyhead Marine Services Limited
Registered name: HOLYHEAD MARINE SERVICES LIMITED
Part of Holyhead Boatyard Limited groupHolyhead Marine Services Limited made £7.7m revenue and £584k profit in the year to 31 Mar 2026.
Holyhead Marine Services Limited’s revenue fell 12% to £7.7m in the year to 31 Mar 2026, with £584k profit and 63 employees. The company is classified under “building of ships and floating structures” and is based in Anglesey; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Anglesey, Wales
- Age
- 59 yrs · since 1967
- 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 Boatyard Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £6.6m | £8.8m | £8.8m | £7.7m |
| Cost of sales | £4.3m | £6.4m | £6.6m | £5.5m |
| Gross profit | £2.3m | £2.5m | £2.2m | £2.3m |
| Operating profit | £1.1m | £935k | £405k | £668k |
| Profit before tax | £1.1m | £935k | £425k | £787k |
| Profit after tax | £1.1m | £902k | £272k | £584k |
| Profit (best available) | £1.1m | £902k | £272k | £584k |
| Staff costs | £1.9m | £2.1m | £2.4m | — |
| Employees (average) | 52 | 56 | 59 | 63 |
| Ratios | ||||
| Profit margin | 16.3% | 10.2% | 3.1% | 7.5% |
| Gross margin | 34.9% | 27.8% | 25.2% | 29.6% |
| Revenue per employee | £126k | £158k | £150k | £123k |
| Profit per employee | £20.6k | £16.1k | £4.6k | £9.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲34.4% | ▲0% | ▼12.3% |
| Profit growth | — | ▼15.6% | ▼69.8% | ▲114.5% |
| Headcount growth | — | ▲7.7% | ▲5.4% | ▲6.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £472k | £1.7m | £2.1m | £3.9m |
| Net assets | £4.3m | £5.2m | £5.5m | £6.1m |
| Fixed assets | £1.9m | £2.2m | £2m | £1.9m |
| Current assets | £4m | £5.1m | £6m | £5.8m |
| Debtors | £2.3m | £1.5m | £1.7m | £968k |
| Deferred income | £314k | £283k | £253k | £232k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 7.5%
- Profit ÷ revenue.
- Gross margin
- 29.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £123k
- Revenue ÷ average employees.
- Profit per employee
- £9.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 24.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.5%
- 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
- ▲11%
- Now £6.1m
- Cash at bank
- ▲84%
- Now £3.9m
- Headcount
- ▲7%
- Now 63
- Deferred income
- ▼9%
- Now £232k
- Fixed assets
- ▼6%
- Now £1.9m
Group structure
Ownership chain
- Holyhead Boatyard Limitedultimate parent75–100%
- Holyhead Marine Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Barnes Marine Units LimitedNorwich · Building of ships and floating structures
- Revenue
- £5.6m
- Profit
- £688k
- Staff
- 48
- UK Docks Marine Services Teesside LimitedSouth Shields · Building of ships and floating structures
- Revenue
- £13.6m
- Profit
- £2.1m
- Staff
- 37
- Parkol Marine Engineering LtdWhitby · Building of ships and floating structures
- Revenue
- £13.7m
- Profit
- £737k
- Staff
- 55
- Wight Shipyard Company LimitedFareham · Building of ships and floating structures
- Revenue
- £20.2m
- Profit
- £259k
- Staff
- 122
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £584k), 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.