North Star Shipping (Aberdeen) Limited
Registered name: NORTH STAR SHIPPING (ABERDEEN) LIMITED
Part of Kroll International (UK) Limited groupNorth Star Shipping (Aberdeen) Limited made £89.7m revenue and a £15m loss in the year to 31 Dec 2025.
North Star Shipping (Aberdeen) Limited’s revenue grew 14% to £89.7m in the year to 31 Dec 2025, with a loss of £15m and 94 employees. The company is classified under “service activities incidental to water transportation” and is based in Kingswells; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Kingswells
- Age
- 64 yrs · since 1962
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £74m | £78.5m | £89.7m |
| Cost of sales | −£65.6m | −£66.6m | −£77m |
| Gross profit | £8.4m | £11.9m | £12.7m |
| Operating profit | −£1.5m | £279k | −£1.6m |
| Profit before tax | −£4.2m | −£6.7m | −£15m |
| Profit after tax | −£4.2m | −£6.7m | −£15m |
| Profit (best available) | −£4.2m | −£6.7m | −£15m |
| Employees (average) | 76 | 83 | 94 |
| Ratios | |||
| Profit margin | −5.7% | −8.5% | −16.7% |
| Gross margin | 11.4% | 15.1% | 14.1% |
| Revenue per employee | £974k | £946k | £954k |
| Profit per employee | −£55.7k | −£80.2k | −£159k |
| Growth (year on year) | |||
| Revenue growth | — | ▲6.1% | ▲14.2% |
| Headcount growth | — | ▲9.2% | ▲13.3% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- −16.7%
- Profit ÷ revenue.
- Gross margin
- 14.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £954k
- Revenue ÷ average employees.
- Profit per employee
- −£159k
- 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
- ▲13%
- Now 94
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Kroll International (UK) Limitedultimate parent75–100%
- Kroll Agency and Trustee Services Ltd.75–100%
- Kroll Nominees Limited75–100%
- North Star Shipping (Aberdeen) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Grampian Derwent LimitedFigures not disclosed
- Grampian Tees LimitedFigures not disclosed
- Grampian Tweed LimitedFigures not disclosed
- Grampian Tyne LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£15m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 21 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.