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Company No. 05706735 · Incorporated 13 Feb 2006

Eurosail 2006-1 PLC

Registered name: EUROSAIL 2006-1 PLC

Part of M&T Bank Corporation group

Eurosail 2006-1 PLC made £5.5m revenue and £7k profit in the year to 30 Nov 2023.

Eurosail 2006-1 PLC’s revenue grew 60% to £5.5m in the year to 30 Nov 2023, with £7k profit. The company is classified under “other business support service activities” and is based in London; we hold 2 years of its filed accounts.

Status
Active
Location
London
Age
20 yrs · since 2006
Type
Public Limited Company
Latest accounts · year to 30 Nov 2023

Key figures

Revenue
£5.5m
Growth ▲60.3%
Profit
£7k
Growth ▼12.5%
Profit margin
0.1%
Gross 4.5%
Employees
—
Change —
Profit / employee
—
 
Profitable streak
2yrs
Consecutive profitable years in our data
2 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Nov 202230 Nov 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£3.4m£5.5m
Cost of sales−£1.8m−£5.3m
Gross profit£1.7m£250k
Operating profit£945k−£510k
Profit before tax£9k£8k
Profit after tax£8k£7k
Profit (best available)£8k£7k
Employees (average)——
Ratios
Profit margin0.2%0.1%
Gross margin48.5%4.5%
Growth (year on year)
Revenue growth—▲60.3%
Profit growth—▼12.5%
Balance sheet — indirect signals, not revenue
Net assets——
SourceAccounts · bulk data Feb 2025Accounts · bulk data Feb 2025
Derived from the latest filing

How the business works

Profit margin
0.1%
Profit ÷ revenue.
Gross margin
4.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
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.
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 —
Cash at bank
—
Now —
Headcount
—
Now —
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. M&T Bank Corporation (registered outside the UK register)ultimate parent75–100%
  2. Wilmington Trust (UK) Limited75–100%
  3. Wilmington Trust SP Services (London) Limited75–100%
  4. Eurosail 2006-1 Parent Limited75–100%
  5. Eurosail 2006-1 PLCthis 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).

Sources

Latest figures from accounts for the year to 30 Nov 2023 (profit £7k), from the Companies House accounts bulk data published Feb 2025. Spotted an error? Request a correction.

Updated from Companies House on 20 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.