How much does Boluda Towage SMS Limited make?

Boluda Towage SMS Limited reported revenue of £26m and £760k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Boluda Towage SMS Limited have?

Boluda Towage SMS Limited reported an average of 164 employees in the year to 31 Dec 2025.

Is Boluda Towage SMS Limited profitable?

Yes — Boluda Towage SMS Limited reported a profit of £760k in the year to 31 Dec 2025.

Company No. 04527156 · Incorporated 5 Sep 2002

Boluda Towage SMS Limited

Registered name: BOLUDA TOWAGE SMS LIMITED

Part of Boluda Towage UK Ltd. group

Boluda Towage SMS Limited made £26m revenue and £760k profit in the year to 31 Dec 2025.

Boluda Towage SMS Limited’s revenue was £26m in the year to 31 Dec 2025, with £760k profit and 164 employees. The company is classified under “service activities incidental to water transportation” and is based in Hessle; we hold 5 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52220Service activities incidental to water transportation

Status: Active
Location: Hessle, Yorkshire and The Humber
Age: 24 yrs · since 2002
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

Revenue

£26m

Growth —

Profit

£760k

Growth —

Profit margin

2.9%

Gross 46.9%

Employees

164

Change —

Profit / employee

£4.6k

Revenue/employee £158k

Profitable streak

1yr

Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.9m	£20.2m	£21.6m	£17.8m	£26m
Cost of sales	£10m	£12.5m	£12m	£10.1m	£13.8m
Gross profit	£7.9m	£7.7m	£9.6m	£7.6m	£12.2m
Operating profit	£1.4m	£83.6k	£1m	£1.2m	£2.5m
Profit before tax	£1.1m	−£664k	−£654k	−£177k	£1m
Profit after tax	£615k	−£824k	−£629k	−£596k	£760k
Profit (best available)	£615k	−£824k	−£629k	−£596k	£760k
Staff costs	£5.9m	£7m	£8.3m	£6.7m	£9.3m
Employees (average)	169	172	174	163	164
Ratios
Profit margin	3.4%	−4.1%	−2.9%	−3.4%	2.9%
Gross margin	43.9%	38.3%	44.5%	43%	46.9%
Revenue per employee	£106k	£117k	£124k	£109k	£158k
Profit per employee	£3.6k	−£4.8k	−£3.6k	−£3.7k	£4.6k
Cash conversion	332.8%	4232%	666.5%	334.4%	—
Growth (year on year)
Revenue growth	—	▲12.7%	▲7.1%	—	—
Profit growth	—	▼234.1%	—	—	—
Headcount growth	—	▲1.8%	▲1.2%	—	—
Balance sheet — indirect signals, not revenue
Cash at bank	£3m	£1.9m	£2.6m	£2.8m	£683k
Net assets	£25.3m	£28.5m	£32.9m	£10.4m	£10.1m
Fixed assets	£43.8m	£52m	£57.7m	£25.4m	£22.4m
Current assets	£6.8m	£7.6m	£7.7m	£9.2m	£10.2m
Debtors	£2.3m	£2.6m	£2.8m	£2.9m	£3.1m
Deferred income	£147k	£177k	£168k	£345k	£604k
Cash from operations	£4.7m	£3.5m	£6.7m	£4.1m	—
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 2.9%; Profit ÷ revenue.
Gross margin: 46.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £158k; Revenue ÷ average employees.
Profit per employee: £4.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 86.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.9%; 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: —; Now £10.1m
Cash at bank: —; Now £683k
Headcount: —; Now 164
Deferred income: —; Now £604k
Fixed assets: —; Now £22.4m

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

Boluda Towage UK Ltd.ultimate parent75–100%
Boluda Towage SMS Limitedthis company

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

Sister companies (4)

Boluda Towage London Ltd.Rev. £14.7m · Profit −£138k
Boluda Towage Caledonian LtdFigures not disclosed
Boluda Towage Liverpool Ltd.Figures not disclosed
Boluda Towage SMS (Bristol Channel) LimitedFigures 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 £760k), from the Companies House accounts bulk data published Aug 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.