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.
- Status
- Active
- Location
- Westhill, Scotland
- Age
- 47 yrs · since 1978
- 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 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full 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) | 0 | 0 | 299 |
| Ratios | |||
| Profit margin | 4.5% | 3.8% | 4.5% |
| Gross margin | 11.3% | 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 |
| Source | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data May 2026 |
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.
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.