Rotech Subsea Limited

ActiveSC451221Mining & quarryingIncorporated 30 May 2013 · Aberdeen

The principal activity of the company is the provision of Controlled Flow Excavation services for the offshore oil and renewable energy industries.

Revenue

£17.2m

▲ +61.9% vs prior ~12m period

Profit after tax

£1.2m

Margin 8.3%

Employees

48

▲ +26.3% vs prior ~12m period

Net assets

£6.3m

Total assets £9.2m

Financial history

Revenue by accounting period

5 periods available · ▲ growth ▼ decline

Jun 2020
Not available
Jun 2021
Not available
Jan 2023
Not available
Dec 2023
£10.6m
Dec 2024
£17.2m▲ +61.9%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024£17.2m▲ +61.9%£1.4m48£6.3m
31 Dec 2023£10.6m—£1.6m38£6.7m
1 Jan 2023———33£5.2m
30 Jun 2021———28£3.2m
30 Jun 2020———21£2.0m

Some periods are not about 12 months apart, usually because the company changed its year end or the register holds more than one set of accounts for a year. Growth is shown only against a prior period roughly 12 months earlier.

Latest available figures

Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£17.2m
Gross profit
£3.3m
Operating profit
£1.4m
Profit before tax
£1.4m
Profit after tax
£1.2m

Balance sheet

Total assets
£9.2m
Cash
£4.8m
Total liabilities
£2.8m
Net assets
£6.3m
Revenue per employee
£358k

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