George Baker (Shipping) Limited
Registered name: GEORGE BAKER (SHIPPING) LIMITED
Part of George Baker Group Limited groupGeorge Baker (Shipping) Limited made £39.8m revenue and £2.2m profit in the year to 31 Dec 2025. read from filing text
George Baker (Shipping) Limited’s revenue grew 10% to £39.8m in the year to 31 Dec 2025, with £2.2m profit and 111 employees. The company is classified under “other transportation support activities” and is based in Felixstowe; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Felixstowe, East of England
- Age
- 44 yrs · since 1982
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £22.8m | £30.1m | £36.3m | £39.8m |
| Cost of sales | £17.5m | £20.6m | £26.1m | £29.2m |
| Gross profit | £5.3m | £9.5m | £10.2m | £10.6m |
| Operating profit | £1.9m | £3.2m | £2.5m | £2.7m |
| Profit before tax | £1.9m | £3.2m | £2.5m | £2.9m |
| Profit after tax | £1.6m | £2.4m | £1.9m | £2.2m |
| Profit (best available) | £1.6m | £2.4m | £1.9m | £2.2m |
| Staff costs | £1.8m | £5m | £5.7m | £6m |
| Employees (average) | 45 | 96 | 112 | 111 |
| Ratios | ||||
| Profit margin | 6.8% | 8.1% | 5.1% | 5.5% |
| Gross margin | 23.3% | 31.5% | 28.2% | 26.7% |
| Revenue per employee | £506k | £313k | £324k | £359k |
| Profit per employee | £34.6k | £25.3k | £16.5k | £19.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲32% | ▲20.8% | ▲9.7% |
| Profit growth | — | ▲56% | ▼23.7% | ▲19.4% |
| Headcount growth | — | ▲113.3% | ▲16.7% | ▼0.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £5.3m | £5.8m | £6.4m | £6.9m |
| Net assets | £5m | £5.4m | £5.3m | £7.5m |
| Fixed assets | £97.5k | £2.3m | £1.5m | £789k |
| Current assets | £8.9m | £10.8m | £12.8m | £13.5m |
| Debtors | £2m | £4.1m | £5.8m | £5.8m |
| Deferred income | £257k | £762k | £605k | £697k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 5.5%
- Profit ÷ revenue.
- Gross margin
- 26.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £359k
- Revenue ÷ average employees.
- Profit per employee
- £19.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.6%
- 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
- ▲42%
- Now £7.5m
- Cash at bank
- ▲9%
- Now £6.9m
- Headcount
- ▼1%
- Now 111
- Deferred income
- ▲15%
- Now £697k
- Fixed assets
- ▼46%
- Now £789k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- George Baker Group Limitedultimate parent75–100%
- George Baker (Shipping) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- BKR Consultants LimitedFigures not disclosed
- George Baker (Air & Sea) LimitedFigures not disclosed
- George Baker (Europe) LimitedFigures not disclosed
- George Baker (Logistics) LimitedFigures not disclosed
- George Baker (Transport) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Hillebrand Gori Scotland LtdRenfrew · Other transportation support activities
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- Cargo Marketing Services LimitedTamworth · Other transportation support activities
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- Concordia International Forwarding LimitedAshford · Other transportation support activities
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- Rock-IT Cargo LimitedLondon · Other transportation support activities
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.2m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 24 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.