12.50p
+4.17%
Close of 9 Nov 2026, in pence
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About Tekmar Group
Its shares trade on LSE under the ticker TGP.L. It has been listed since 20 June 2018. In the fiscal year to 30 September 2025, it reported revenue of £28.7m and a net loss of £3.9m. At that date it held total assets of £42.1m and shareholders' equity of £24.4m.
Tekmar Group Plc engages in the provision of protection systems for subsea cable, umbilical, and flexible pipes. The firm offers various service packages including FEED study, product development, design and engineering, in-house product testing, manufacturing, project management, and personnel training and offshore support. Its products include Teklink CPS, Tektube CPS, Cable hang-offs, TEKSPACE, TEKDUCT, SPLIT PIPE, j-tube seals, bend restrictors and bend stiffeners. The firm primarily provides its products and services to offshore wind, and oil and gas companies.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Energy
- Industry
- Energy Equipment & Services
- Listed since
- 20 Jun 2018
- Employees
- 194
- Website
- investors.tekmar.co.uk ↗
Leadership
Pay as last reported
- Mr. Steve LockardNon-Executive Chairman of the Board£53,000
- Mr. Richard TurnerChief Executive Officer, Executive Director, since 2024£31,000
- Mr. Philip LaniganChief Financial Officer, Executive Director, since 2025
- Mr. Marc BellChief Operating Officer, since 2025
- Mr. Alistair CuttingGroup Head of Finance
- Mr. Fraser GibsonManaging Director, RYDER, since 2024
- Mr. Michael ManningHead of Marketing
- Mr. Tallulah Whitewood-speddingGroup Legal Counsel, Company Secretary, Tekmar Group
- Mr. David KempNon-Executive Director£7,000
- Mr. Lars KrogsgaardNon-Executive Director£6,000
- Mr. Colin WelshNon-Executive Director£44,000
- Mr. David WilkinsonNon-Executive Senior Independent Director£97,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Tekmar Group PLC has a strong market presence and brand recognition in the offshore energy industry.
- The company has a diverse and innovative product portfolio, offering a wide range of solutions for subsea cable protection and mobilization.
- Tekmar Group PLC has established strong relationships with key clients and has a proven track record of successful project execution.
Weaknesses
- The company relies heavily on the performance of the offshore energy sector, which is susceptible to market fluctuations and regulatory changes.
- Tekmar Group PLC may face challenges in expanding into new geographical markets due to intense competition and varying regulations.
- The company's profitability is dependent on winning and executing large-scale projects, which may lead to inconsistent financial performance.
Opportunities
- The global offshore wind sector is experiencing significant growth, providing Tekmar Group PLC with opportunities to expand its customer base and increase market share.
- Advancements in subsea cable technology present opportunities for the company to develop and offer innovative solutions to meet changing industry demands.
- Tekmar Group PLC can explore partnerships and joint ventures to access new markets and leverage complementary expertise.
Threats
- Political and regulatory uncertainties, such as changes in government policies towards renewable energy, may impact the demand for offshore wind projects and pose risks to Tekmar Group PLC's operations.
- The company faces competition from both established players and new entrants in the subsea cable protection market, which may pressure pricing and squeeze profit margins.
- Economic downturns and financial constraints within the offshore energy industry could reduce the number of projects and limit Tekmar Group PLC's revenue opportunities.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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