How much does Space Solutions (Scotland) Limited make?

Space Solutions (Scotland) Limited reported revenue of £36.9m and £870k profit in the year to 30 Jun 2025, according to its accounts filed at Companies House.

How many employees does Space Solutions (Scotland) Limited have?

Space Solutions (Scotland) Limited reported an average of 173 employees in the year to 30 Jun 2025.

Is Space Solutions (Scotland) Limited profitable?

Yes — Space Solutions (Scotland) Limited reported a profit of £870k in the year to 30 Jun 2025.

Company No. SC322119 · Incorporated 24 Apr 2007

Space Solutions (Scotland) Limited

Registered name: SPACE SOLUTIONS (SCOTLAND) LIMITED

Part of Space Solutions (Scotland) Trustee Company Limited group

Space Solutions (Scotland) Limited made £36.9m revenue and £870k profit in the year to 30 Jun 2025.

Space Solutions (Scotland) Limited’s revenue fell 9% to £36.9m in the year to 30 Jun 2025, with £870k profit and 173 employees. The company is classified under “collection of non-hazardous waste” and is based in Aberdeen; we hold 4 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38110Collection of non-hazardous waste SIC 41100Development of building projects SIC 43320Joinery installation SIC 43330Floor and wall covering

Status: Active
Location: Aberdeen, Scotland
Age: 19 yrs · since 2007
Type: Private Limited Company

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 30 Jun 2025

Key figures

Capital-lightBoring industryCash flow filed

Revenue

£36.9m

Growth ▼8.8%

Profit

£870k

Growth ▲107.9%

Profit margin

2.4%

Gross 22.3%

Employees

173

Change ▼3.4%

Profit / employee

£5k

Revenue/employee £213k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2022	30 Jun 2023	30 Jun 2024	30 Jun 2025
Disclosure	Profit only	Profit only	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£40.4m	£36.9m
Cost of sales	£36.1m	£31m	£33.1m	£28.6m
Gross profit	—	—	£7.4m	£8.2m
Operating profit	—	—	£850k	£1.4m
Profit before tax	—	£826k	£807k	£1.4m
Profit after tax	£963k	£319k	£418k	£870k
Profit (best available)	£963k	£319k	£418k	£870k
Staff costs	£7.6m	£8.5m	£8.6m	—
Employees (average)	167	181	179	173
Ratios
Profit margin	—	—	1%	2.4%
Gross margin	—	—	18.2%	22.3%
Revenue per employee	—	—	£226k	£213k
Profit per employee	£5.8k	£1.8k	£2.3k	£5k
Cash conversion	—	—	−142%	168.3%
Growth (year on year)
Revenue growth	—	—	—	▼8.8%
Profit growth	—	▼66.8%	▲31.1%	▲107.9%
Headcount growth	—	▲8.4%	▼1.1%	▼3.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.7m	£1.2m	£1.4m	£2.2m
Net assets	£1.8m	£1.7m	£1.9m	£2.6m
Fixed assets	£968k	£993k	£799k	£692k
Current assets	£11.5m	£7.9m	£9m	—
Debtors	£4.2m	£4.7m	£5.2m	£4m
Deferred income	£4.7m	£2.4m	£3.1m	£2.8m
Cash from operations	—	—	−£1.2m	£2.4m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 2.4%; Profit ÷ revenue.
Gross margin: 22.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £213k; Revenue ÷ average employees.
Profit per employee: £5k; Profit ÷ average employees.
Cash conversion: 168.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.9%; 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: ▲37%; Now £2.6m
Cash at bank: ▲56%; Now £2.2m
Headcount: ▼3%; Now 173
Deferred income: ▼10%; Now £2.8m
Fixed assets: ▼13%; Now £692k

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

Corporate ownership

Group structure

Ownership chain

Space Solutions (Scotland) Trustee Company Limitedultimate parent75–100%
Space Solutions (Scotland) Limitedthis company

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

Subsidiaries (1)

Space Architects LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £870k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.