Loading the map…
Manufacture of lifting and handling equipment · Newquay Road, Lancaster
First Subsea
First Subsea Limited
Private limited company registered in Newquay Road, classed under “Manufacture of lifting and handling equipment”.
Headline figures
FY to Apr 2025 · Company only
Turnover
For subscribers
Profit after tax
£2.84m
Net assets
For subscribers
Cash
For subscribers
Employees
For subscribers
Retained reserves
For subscribers
What the numbers say
4 findings from the figures, in plain English
Written by rules from the figures on this page. Not a forecast or a credit opinion.
History
| £ | 2024 | 2025 |
|---|---|---|
| Profit after tax | £2.84m | |
| Turnover | ||
| Net assets | ||
| Cash | ||
| Employees | ||
| Retained reserves |
Every figure for all 2 years
“—” means we did not find the figure in a source; it is never filled with an estimate.
Balance sheet and ratios
From the filed balance sheets · £
| Balance sheet | 2024 | 2025 |
|---|---|---|
| Fixed assets | ||
| Current assets | ||
| of which debtors | ||
| of which cash | ||
| Creditors due within a year | ||
| Net current assets | ||
| Net assets | ||
| Ratios | ||
| Profit marginProfit after tax as a share of turnover | ||
| Return on equityProfit after tax as a share of net assets | ||
| Current ratioCurrent assets for every £1 owed within a year | ||
| Cash ratioCash for every £1 owed within a year | ||
| Creditors to assetsEverything owed to creditors as a share of fixed plus current assets | ||
| Turnover per employeeTurnover divided by average staff | ||
| Debtor daysDays of turnover owed by customers at the year end | ||
7 balance-sheet lines and 7 ratios, every year
A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.
Questions people ask
›What does First Subsea do?
Private limited company registered in Newquay Road, classed under “Manufacture of lifting and handling equipment”.
›How much turnover does First Subsea make?
Answered in the full report
›Is First Subsea profitable?
Yes: it made a profit after tax of £2.84m in the year to 30 April 2025, its latest filed accounts.
›How many people work at First Subsea?
Answered in the full report
›Where is First Subsea based?
Its registered office is Engineering House, Lune Industrial Estate, Newquay Road, Lancaster, LA1 5QP, in Newquay Road, Lancaster.
›When was First Subsea founded?
First Subsea Limited was incorporated on 2 February 1994.
›Is First Subsea still trading?
The register lists First Subsea Limited as active.