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Company No. SC066717 · Incorporated 28 Dec 1978

Semco Maritime Limited

Registered name: SEMCO MARITIME LIMITED

Semco Maritime Limited made £46.1m revenue and £2.1m profit in the year to 31 Dec 2025.

Semco Maritime Limited’s revenue fell 5% to £46.1m in the year to 31 Dec 2025, with £2.1m profit and 299 employees. The company is classified under “manufacture of other electrical equipment” and is based in Westhill; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 27900Manufacture of other electrical equipment
Status
Active
Location
Westhill, Scotland
Age
47 yrs · since 1978
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-light
Revenue
£46.1m
Growth ▼5%
Profit
£2.1m
Growth ▲15.1%
Profit margin
4.5%
Gross 11.8%
Employees
299
Change —
Profit / employee
£7k
Revenue/employee £154k
Profitable streak
3yrs
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 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£45.9m£48.5m£46.1m
Cost of sales£40.7m£42.7m£40.7m
Gross profit£5.2m£5.8m£5.4m
Operating profit£2.6m£2.1m£2.5m
Profit before tax£2.7m£2.4m£2.8m
Profit after tax£2.1m£1.8m£2.1m
Profit (best available)£2.1m£1.8m£2.1m
Employees (average)00299
Ratios
Profit margin4.5%3.8%4.5%
Gross margin11.3%11.9%11.8%
Revenue per employee——£154k
Profit per employee——£7k
Growth (year on year)
Revenue growth—▲5.7%▼5%
Profit growth—▼11.8%▲15.1%
Balance sheet — indirect signals, not revenue
Cash at bank£0£249k£287k
Net assets£12.8m£14.7m£16.8m
Fixed assets£854k£208k£161k
Current assets£17.2m£18.8m£20.4m
Debtors£7.9m£5.7m£4.7m
Deferred income£963k£1.3m£1m
SourceFullAccounts · bulk data Aug 2025FullAccounts · bulk data Aug 2025FullAccounts · bulk data May 2026
Derived from the latest filing

How the business works

Profit margin
4.5%
Profit ÷ revenue.
Gross margin
11.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£154k
Revenue ÷ average employees.
Profit per employee
£7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10.3%
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
▲14%
Now £16.8m
Cash at bank
▲15%
Now £287k
Headcount
—
Now 299
Deferred income
▼23%
Now £1m
Fixed assets
▼23%
Now £161k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.1m), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 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.