Shepherd Offshore Services Limited
Registered name: SHEPHERD OFFSHORE SERVICES LIMITED
Part of Shepherd Offshore Group Limited groupShepherd Offshore Services Limited made £13.7m revenue and £3.6m profit in the year to 30 Apr 2025.
Shepherd Offshore Services Limited’s revenue grew 73% to £13.7m in the year to 30 Apr 2025, with £3.6m profit and 64 employees. The company is classified under “management of real estate on a fee or contract basis” and is based in Newcastle Upon Tyne; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Newcastle Upon Tyne
- Age
- 56 yrs · since 1970
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £13.7m | £7.9m | £13.7m |
| Cost of sales | −£7.2m | −£5.9m | −£7.9m |
| Gross profit | £6.6m | £2m | £5.8m |
| Operating profit | £4.9m | £649k | £4.6m |
| Profit before tax | £5m | £897k | £4.8m |
| Profit after tax | £4.1m | £650k | £3.6m |
| Profit (best available) | £4.1m | £650k | £3.6m |
| Employees (average) | 55 | 60 | 64 |
| Ratios | |||
| Profit margin | 30% | 8.2% | 25.9% |
| Gross margin | 47.8% | 25.7% | 42.1% |
| Revenue per employee | £250k | £132k | £214k |
| Profit per employee | £74.9k | £10.8k | £55.6k |
| Growth (year on year) | |||
| Revenue growth | — | ▼42.3% | ▲73.3% |
| Profit growth | — | ▼84.2% | ▲447.1% |
| Headcount growth | — | ▲9.1% | ▲6.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jan 2025 | Accounts · bulk data Jan 2025 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 25.9%
- Profit ÷ revenue.
- Gross margin
- 42.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £214k
- Revenue ÷ average employees.
- Profit per employee
- £55.6k
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- ▲7%
- Now 64
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Shepherd Offshore Group Limitedultimate parent75–100%
- Shepherd Offshore Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Shepherd Offshore LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Apr 2025 (profit £3.6m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 23 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.