Weldex (International) Offshore Limited

ActiveSC049538Admin & support servicesIncorporated 26 Nov 1971

The hire and supply of cranes, lifting equipment and labour

Revenue

£22.5m

▼ -4.6% vs prior ~12m period

Profit after tax

£1.4m

Margin 15.0%

Employees

92

▼ -4.2% vs prior ~12m period

Net assets

£28.4m

Total assets £74.8m

Financial history

Revenue by accounting period

6 periods available · ▲ growth ▼ decline

Dec 2020
Not available
Dec 2021
£19.0m
Nov 2022
£21.8m▲ +14.8%
Nov 2023
£26.6m▲ +22.3%
Nov 2024
£23.6m▼ -11.3%
Nov 2025
£22.5m▼ -4.6%
Period endRevenueGrowthProfit before taxEmployeesNet assets
30 Nov 2025£22.5m▼ -4.6%£1.6m92£28.4m
30 Nov 2024£23.6m▼ -11.3%£2.5m96£27.0m
30 Nov 2023£26.6m▲ +22.3%£2.3m99£25.1m
30 Nov 2022£21.8m▲ +14.8%£822k106£41.9m
1 Dec 2021£19.0m—-£1.3m115£41.3m
1 Dec 2020————£45.7m

Latest available figures

Period ending 30 Nov 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£22.5m
Gross profit
£13.2m
Operating profit
£3.4m
Profit before tax
£1.6m
Profit after tax
£1.4m

Balance sheet

Total assets
£74.8m
Cash
£3.6m
Total liabilities
£46.4m
Net assets
£28.4m
Revenue per employee
£245k

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