How much does Ships Electronic Services Limited make?

Ships Electronic Services Limited reported revenue of £7.9m and £275k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Ships Electronic Services Limited have?

Ships Electronic Services Limited reported an average of 34 employees in the year to 31 Dec 2025.

Is Ships Electronic Services Limited profitable?

Yes — Ships Electronic Services Limited reported a profit of £275k in the year to 31 Dec 2025.

Company No. 01165320 · Incorporated 2 Apr 1974

Ships Electronic Services Limited

Registered name: SHIPS ELECTRONIC SERVICES LIMITED

Part of Neptuniplan Maritime Holding Ab group

Ships Electronic Services Limited made £7.9m revenue and £275k profit in the year to 31 Dec 2025.

Ships Electronic Services Limited’s revenue grew 4% to £7.9m in the year to 31 Dec 2025, with £275k profit and 34 employees. The company is classified under “repair and maintenance of ships and boats” and is based in Rochester; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 33150Repair and maintenance of ships and boats

Status: Active
Location: Rochester, South East
Age: 52 yrs · since 1974
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightOperating leverage

Revenue

£7.9m

Growth ▲3.9%

Profit

£275k

Growth ▲43.9%

Profit margin

3.5%

Gross 29.2%

Employees

Change ▲13.3%

Profit / employee

£8.1k

Revenue/employee £232k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£7.6m	£8.4m	£7.6m	£7.9m
Cost of sales	£5.6m	£6.2m	£5.5m	£5.6m
Gross profit	£1.9m	£2.2m	£2.1m	£2.3m
Operating profit	£476k	£587k	£111k	£229k
Profit before tax	£499k	£929k	£255k	—
Profit after tax	£404k	£755k	£191k	£275k
Profit (best available)	£404k	£755k	£191k	£275k
Staff costs	£1.9m	£2.2m	£2.6m	—
Employees (average)	29	25	30	34
Ratios
Profit margin	5.3%	8.9%	2.5%	3.5%
Gross margin	25.2%	26.6%	27.6%	29.2%
Revenue per employee	£261k	£338k	£253k	£232k
Profit per employee	£13.9k	£30.2k	£6.4k	£8.1k
Growth (year on year)
Revenue growth	—	▲11.8%	▼10%	▲3.9%
Profit growth	—	▲86.8%	▼74.7%	▲43.9%
Headcount growth	—	▼13.8%	▲20%	▲13.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£234k	£215k	£203k	£4.1m
Net assets	£3.6m	£4.4m	£4.6m	£4.8m
Fixed assets	£31.7k	£19.9k	£16.2k	£20.6k
Current assets	£4.5m	£5.5m	£5.6m	£6.5m
Debtors	£1.3m	£1.2m	£1.5m	£1.3m
Deferred income	£515k	£485k	£584k	£732k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 3.5%; Profit ÷ revenue.
Gross margin: 29.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £232k; Revenue ÷ average employees.
Profit per employee: £8.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 9.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.9%; 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: ▲6%; Now £4.8m
Cash at bank: ▲1894%; Now £4.1m
Headcount: ▲13%; Now 34
Deferred income: ▲25%; Now £732k
Fixed assets: ▲27%; Now £20.6k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Neptuniplan Maritime Holding Ab (registered outside the UK register)ultimate parent75–100%
Ships Electronic Services Limitedthis company

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

Subsidiaries (1)

Greenham Regis LtdFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £275k), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 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.