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Company No. 13903109 · Incorporated 9 Feb 2022

QVSR Seafarers Centres

Registered name: QVSR SEAFARERS CENTRES

Part of QVSR group

QVSR Seafarers Centres made £715k revenue and a £295k loss in the year to 31 Dec 2024.

QVSR Seafarers Centres’s revenue fell 40% to £715k in the year to 31 Dec 2024, with a loss of £295k and 23 employees. The company is classified under “other accommodation” and is based in London; we hold 3 years of its filed accounts.

Status
Active
Location
London, London
Age
4 yrs · since 2022
Type
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)

Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.

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 2024

Key figures

Young and profitable
Revenue
£715k
Growth ▼40.2%
Profit
−£295k
Growth ▼205%
Profit margin
−41.3%
 
Employees
23
Change ▼14.8%
Profit / employee
−£12.8k
Revenue/employee £31.1k
Profitable streak
0yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£1.2m£1.2m£715k
Cost of sales£183k£912k£1m
Gross profit£992k——
Operating profit£776k£283k−£295k
Profit before tax£798k£283k−£295k
Profit after tax£798k£281k−£295k
Profit (best available)£798k£281k−£295k
Employees (average)212723
Ratios
Profit margin67.9%23.5%−41.3%
Gross margin84.4%——
Revenue per employee£56k£44.3k£31.1k
Profit per employee£38k£10.4k−£12.8k
Growth (year on year)
Revenue growth——▼40.2%
Profit growth——▼205%
Headcount growth——▼14.8%
Balance sheet — indirect signals, not revenue
Cash at bank£347k——
Net assets£798k——
Fixed assets£414k——
Current assets£452k——
Debtors£26.7k——
Deferred income£33.2k——
SourceFullAccounts · bulk data Mar 2024Accounts · bulk data Nov 2024Accounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
−41.3%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£31.1k
Revenue ÷ average employees.
Profit per employee
−£12.8k
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
▼15%
Now 23
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. QVSRultimate parent75–100%
  2. QVSR Seafarers Centresthis company

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

Subsidiaries (1)

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

Same industry, similar size

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Sources

Latest figures from accounts for the year to 31 Dec 2024 (profit −£295k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 17 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.