Shepherd Offshore Group Limited
Registered name: SHEPHERD OFFSHORE GROUP LIMITED
Shepherd Offshore Group Limited made £26.7m revenue and £4.7m profit in the year to 30 Apr 2024.
Shepherd Offshore Group Limited’s revenue fell 18% to £26.7m in the year to 30 Apr 2024, with £4.7m profit and 123 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Newcastle Upon Tyne; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Newcastle Upon Tyne, North East
- Age
- 18 yrs · since 2007
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2023 | 30 Apr 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £32.7m | £26.7m |
| Cost of sales | −£13.3m | −£13.5m |
| Gross profit | £19.4m | £13.3m |
| Operating profit | £10.3m | £4.4m |
| Profit before tax | £13.5m | £6.2m |
| Profit after tax | £11.4m | £4.7m |
| Profit (best available) | £11.4m | £4.7m |
| Employees (average) | 119 | 123 |
| Ratios | ||
| Profit margin | 34.9% | 17.5% |
| Gross margin | 59.3% | 49.6% |
| Revenue per employee | £275k | £217k |
| Profit per employee | £95.8k | £38.1k |
| Growth (year on year) | ||
| Revenue growth | — | ▼18.1% |
| Profit growth | — | ▼58.9% |
| Headcount growth | — | ▲3.4% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Jan 2025 | Accounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 17.5%
- Profit ÷ revenue.
- Gross margin
- 49.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £217k
- Revenue ÷ average employees.
- Profit per employee
- £38.1k
- 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
- ▲3%
- Now 123
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (2)
- Shepherd Offshore LimitedFigures not disclosed
- Shepherd Offshore Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 30 Apr 2024 (profit £4.7m), from the Companies House accounts bulk data published Jan 2025. Spotted an error? Request a correction.
Updated from Companies House on 22 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.