South Tees Site Company Limited
Active10424065Real estateIncorporated 12 Oct 2016 · Darlington
The principal activity of the company is to manage, operate and maintain the Redcar Steelworks site now known as Teesworks and to provide support, advice, and co-operation to the South Tees Development Corporation.
Revenue
£38.7m
▼ -19.5% vs prior ~12m period
Profit after tax
£164k
Margin 0.4%
Employees
19
▼ -40.6% vs prior ~12m period
Net assets
-£555k
Total assets £4.2m
Financial history
Revenue by accounting period
7 periods available · ▲ growth ▼ decline
Mar 2019Not available
Mar 2020
£28.6m
Mar 2021
£33.1m▲ +15.8%
Mar 2022
£48.0m▲ +44.9%
Mar 2023
£38.7m▼ -19.5%
Mar 2024Not available
Mar 2025Not available
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Mar 2025 | — | — | -£2.9m | 19 | -£555k |
| 31 Mar 2024 | — | — | £430k | 32 | -£555k |
| 31 Mar 2023 | £38.7m | ▼ -19.5% | £164k | 62 | -£985k |
| 31 Mar 2022 | £48.0m | ▲ +44.9% | -£637k | 120 | -£1.1m |
| 31 Mar 2021 | £33.1m | ▲ +15.8% | -£512k | 126 | -£512k |
| 31 Mar 2020 | £28.6m | — | -£625 | 121 | £1 |
| 31 Mar 2019 | — | — | — | — | £1 |
Latest available figures
Period ending 31 Mar 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £38.7m
- Gross profit
- Not available
- Operating profit
- £164k
- Profit before tax
- £164k
- Profit after tax
- £164k
Balance sheet
- Total assets
- £4.2m
- Cash
- £1.6m
- Total liabilities
- £4.8m
- Net assets
- -£555k
- Revenue per employee
- Not available
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