The European Marine Energy Centre Limited
ActiveSC249331ManufacturingIncorporated 13 May 2003 · Stromness
The principal activities of the company were the operation of a testing centre for the development of marine power devices and delivering R&D projects related to the development of green hydrogen and energy systems.
Revenue
£1.4m
▼ -17.5% vs prior ~12m period
Profit after tax
£56k
Margin 3.4%
Employees
78
▼ -1.3% vs prior ~12m period
Net assets
£3.0m
Total assets £10.8m
Financial history
Revenue by accounting period
7 periods available · ▲ growth ▼ decline
Jun 2019Not available
Jun 2020
£1.4m
Jun 2021
£1.7m▲ +22.3%
Jun 2022
£1.4m▼ -17.5%
Jun 2023Not available
Jun 2024Not available
Jun 2025Not available
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 30 Jun 2025 | — | — | £66k | 78 | £3.0m |
| 30 Jun 2024 | — | — | £232k | 79 | £2.9m |
| 30 Jun 2023 | — | — | -£830k | 87 | £2.7m |
| 30 Jun 2022 | £1.4m | ▼ -17.5% | £46k | 76 | £3.4m |
| 30 Jun 2021 | £1.7m | ▲ +22.3% | -£107k | 71 | £3.4m |
| 30 Jun 2020 | £1.4m | — | -£235k | 61 | £3.5m |
| 30 Jun 2019 | — | — | — | — | £3.6m |
Latest available figures
Period ending 30 Jun 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £1.4m
- Gross profit
- -£1.3m
- Operating profit
- £49k
- Profit before tax
- £46k
- Profit after tax
- £56k
Balance sheet
- Total assets
- £10.8m
- Cash
- £1.5m
- Total liabilities
- £7.9m
- Net assets
- £3.0m
- Revenue per employee
- Not available
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