Pharos Offshore Group

As an integrated provider of a range of services; including engineering solutions for subsea cable installation, maintenance and repair, Pharos Offshore has 3 key business areas; Expertise, Equipment and Engineering, each led by a dedicated Business Manager. Our team of professional engineers have designed, built and managed many of the industries iconic ROVs and trenching systems over the past two decades. We provide a unique set of skills with hands on experience enabling us to offer world-class engineering solutions to our client base. Pharos Offshore utilise rapid prototyping and engineering simulations to reduce development time and design cycles. We also routinely use proven Commercial Off The Shelf (COTS) components and open architecture systems for conceptual and final designs. Utilising these reduces manufacturing and operational risks and offers our clients reduced maintenance and operation expenses.
Company Growth (employees)
Type
Private
HQ
Cheltenham, GB
Founded
2003
Size (employees)
37 (est)
Pharos Offshore Group was founded in 2003 and is headquartered in Cheltenham, GB

Pharos Offshore Group Office Locations

Pharos Offshore Group has an office in Cheltenham
Cheltenham, GB (HQ)
35 St George's Rd

Pharos Offshore Group Financials and Metrics

Summary Metrics

Founding Date

2003

Pharos Offshore Group Financials

Pharos Offshore Group's revenue was reported to be £5.4 m in FY, 2014 which is a 66% decrease from the previous period.
GBP

Revenue (FY, 2014)

5.4 m

Gross profit (FY, 2014)

172.7 k

Gross profit margin (FY, 2014), %

3%

Net income (FY, 2014)

(1.3 m)

EBITDA (FY, 2014)

(1.1 m)

EBIT (FY, 2014)

(1.4 m)

Cash (31-Mar-2016)

14.7 k
GBPFY, 2011FY, 2012FY, 2013FY, 2014

Revenue

2 m9 m15.7 m5.4 m

Cost of goods sold

5.5 m11.1 m5.3 m

Gross profit

3.4 m4.7 m172.7 k

Gross profit Margin, %

38%30%3%
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

293.9 k1.9 m2.8 m260.2 k714.6 k14.7 k

Accounts Receivable

2 m929.8 k496 k319.1 k106.2 k589.7 k

Inventories

821.4 k903.7 k1.2 m578.7 k533.8 k

Current Assets

3.7 m4.2 m4.7 m2 m1.4 m1.1 m
    GBPFY, 2011FY, 2012FY, 2013FY, 2014

    Net Income

    1.1 m1.6 m2.4 m(1.3 m)

    Cash From Operating Activities

    (249.4 k)2.7 m2.9 m(695 k)

    Cash From Financing Activities

    (5 m)(959 k)(608.7 k)

    Net Change in Cash

    (1.3 m)1.6 m890.1 k(2.5 m)
      Y, 2016

      Financial Leverage

      2.2 x
      Show all financial metrics

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