Deepsea Technologies UK Limited
The principal activity of the company continued to be that of the supply of engineering, manufacturing and project management services to the subsea oil and gas industry with a particular focus on subsea equipment and connection systems. Change of company name The company changed its name from AFGlobal UK Limited to Deepsea Technologies UK Limited on 24 June 2022.
Revenue
£4.5m
▲ +23.5% vs prior ~12m period
Profit after tax
-£1.2m
Margin -29.0%
Employees
38
▼ -22.4% vs prior ~12m period
Net assets
£6.9m
Total assets £8.5m
Financial history
Revenue by accounting period
3 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2021 | £4.5m | ▲ +23.5% | -£1.2m | 38 | £6.9m |
| 31 Dec 2020 | £3.7m | — | -£1.2m | 49 | £8.1m |
| 31 Dec 2019 | — | — | — | — | £9.3m |
Latest available figures
Period ending 31 Dec 2021. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
These are the most recent accounts available to us; more recent accounts may exist at Companies House.
Profit & loss
- Revenue
- £4.5m
- Gross profit
- £1.6m
- Operating profit
- -£1.3m
- Profit before tax
- -£1.2m
- Profit after tax
- -£1.2m
Balance sheet
- Total assets
- £8.5m
- Cash
- £996k
- Total liabilities
- £1.6m
- Net assets
- £6.9m
- Revenue per employee
- £119k
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