Subsea Innovation Limited
Active03110618ManufacturingIncorporated 5 Oct 1995 · Darlington
The design and manufacture of equipment for use in the offshore oil and gas industry.
Revenue
£7.3m
No comparable prior period
Profit after tax
-£440k
Margin -8.7%
Employees
38
— vs prior ~12m period
Net assets
£1.1m
Total assets £2.7m
Financial history
Revenue by accounting period
3 periods available · ▲ growth ▼ decline
Oct 2022Not available
Sept 2023
£4.3m
Dec 2024
£7.3m
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £7.3m | — | -£643k | 38 | £1.1m |
| 30 Sept 2023 | £4.3m | — | -£1.4m | 40 | £1.4m |
| 1 Oct 2022 | — | — | — | — | £2.8m |
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
- £7.3m
- Gross profit
- £1.6m
- Operating profit
- -£638k
- Profit before tax
- -£643k
- Profit after tax
- -£440k
Balance sheet
- Total assets
- £2.7m
- Cash
- £145k
- Total liabilities
- £1.6m
- Net assets
- £1.1m
- Revenue per employee
- £192k
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