Tekmar Group
Tekmar Group plc (AIM: TGP) is a UK marine engineering company that designs and supplies proprietary subsea cable protection systems, polymer and concrete stabilization solutions, and engineering services for offshore wind, oil & gas, and marine infrastructure projects worldwide.
- Company typePublic
- Founded1984
- HeadquartersNewton Aycliffe, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Tekmar Group does
Tekmar Group plc (AIM: TGP) is a UK-based marine engineering company headquartered in Newton Aycliffe, County Durham, that designs, manufactures, and supplies protection and stabilization products and engineering services for critical offshore infrastructure. The company is organized into two divisions — Asset Protection Technology and Offshore Energy Services — and its flagship offering is a proprietary 10th-generation Cable Protection System (CPS) used to safeguard subsea power cables on offshore wind farms, with more than 12,000 units supplied globally protecting over 50 GW of offshore wind capacity. Complementary offerings include polymer and concrete stabilization solutions, specialist grouting services, equipment solutions, and integrated engineering services (geotechnical, burial assessment, mooring design) delivered by 40+ qualified engineers across five disciplines.
Tekmar serves four primary end markets: offshore wind developers and operators (the largest segment, spanning 120+ projects), oil & gas operators and EPCs, marine infrastructure projects (ports, harbours, moorings), and interconnector projects. Its business model is enterprise field sales with individually negotiated contracts typically valued at £2m–£7m each, combining one-time hardware sales (CPS, polymer, concrete) with professional services revenue from engineering analysis and offshore installation support. The company maintains a global footprint across 25+ countries with recent contract wins in the UK, Europe, Japan, the Middle East (Saudi Arabia), and North America.
For FY25 (year ended 30 September 2025), Tekmar reported revenue of £28.7 million, a slight decline versus the prior year, with adjusted EBITDA of £100,000 — sharply lower than the prior year's £1.7 million. The company has since executed a strategic reset under its Project Aurora growth strategy launched on 1 July 2025, secured a record order book of £40.7 million (£26 million already locked in for FY26), reorganized into two operating divisions, and divested the idle Darlington factory for £2.8 million to bolster the balance sheet.
Tekmar Group firmographics
Firmographics- Name
- Tekmar Group
- Legal name
- Tekmar Group plc
- Website
- https://tekmargroup.com
- Company type
- Public
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Tekmar Group plc (AIM: TGP) is a UK marine engineering company that designs and supplies proprietary subsea cable protection systems, polymer and concrete stabilization solutions, and engineering services for offshore wind, oil & gas, and marine infrastructure projects worldwide.
- Ownership category
- akta.pro rank
Tekmar Group industry classification
Industry- Product category
- Subsea Cable Protection Systems
- NAICS
- Oil and Gas Field Machinery and Equipment Manufacturing (333132), Support Activities for Water Transportation (4883), Power and Communication Line and Related Structures Construction (237130)
- SIC
- Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533), Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050)
- akta.pro primary industry
- Electrical Engineering & Power Distribution (Generation, Switchboards, Cabling, Lighting) (IMAJAGAF)
- akta.pro secondary industries
- Offshore Subsea Gathering & Flowline Systems (TLAGAJAF), Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ)
Keywords
Where Tekmar Group is headquartered
LocationHeadquarters
- HQ city
- Newton Aycliffe
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
Tekmar Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Cable Protection Systems Sales: Sale of proprietary 10th generation Cable Protection Systems directly to offshore wind developers and operators. Revenue recognized across project timelines (FY26 and into FY27).
- Engineering Services: Integrated engineering services including technical analysis, design work, and project lifecycle support. Provides preliminary analysis prior to product contracts.
- Offshore Energy Services: Specialist offshore services including grouting, equipment solutions, and installation support for offshore energy projects.
- Asset Protection Technology: Sale of asset protection products including polymer and concrete solutions for subsea stabilization and protection.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Tekmar Group product offering
Product offeringCore offering
Tekmar Group designs and manufactures subsea Cable Protection Systems (CPS) and engineered polymer and concrete solutions used in offshore wind, oil & gas, interconnector, and marine infrastructure projects. The company also supplies grouting solutions, specialized offshore equipment, and engineering services that support subsea cable installation, stabilization, and protection requirements across the offshore project lifecycle.
Product overview
Tekmar Group operates as an integrated solution provider offering two main divisions: Asset Protection Technology and Offshore Energy Services. The Asset Protection Technology division encompasses 10th generation Cable Protection Systems (CPS), Engineering Services, Polymer Solutions, and Concrete Solutions, while the Offshore Energy Services division provides Grouting Solutions and Equipment Solutions. Together, these offerings provide integrated support across the project lifecycle—from early-stage engineering through manufacturing, installation, and long-term asset performance—serving offshore wind, oil and gas, marine infrastructure, and interconnector markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Cable Protection Systems (CPS)
- Polymer Solutions
- Concrete Solutions
- Grouting Solutions
- Engineering Services
- Equipment Solutions
Quantifiable outcome
- 50GW+ offshore wind capacity protected globally
- +4 more outcomes
Companies that use Tekmar Group
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles2 records
Tekmar Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Tekmar Group partnerships and signals
Strategic signalScale indicators15 records
Recent moves8 records
Expansion highlights5 records
Tekmar Group competitors and assessment
Company assessmentBroad incumbents
- Van Oord: Dutch marine contractor specialised in offshore wind installation, including cable laying and seabed preparation; competes for offshore wind scopes that may include cable protection partnerships.
- DEME Group: Belgian marine contractor active in offshore wind installation, cable burial, and subsea rock installation; a broad incumbent competing for offshore wind contracts that bundle installation with cable protection solutions.
- Subsea 7: Global offshore engineering, construction, and installation contractor delivering subsea umbilicals, risers, and flowlines plus cable lay services; a much larger incumbent that frequently bundles cable protection and installation, impacting Tekmar's competitive dynamics.
- Saipem: Italian-based offshore engineering and construction major with capabilities in subsea umbilicals, risers, flowlines, and offshore wind foundations; competes with Tekmar on engineering services and offshore energy projects globally.
- Royal Boskalis Westminster: Dutch-listed marine services group with extensive offshore wind installation, cable lay, and subsea protection services; a broad incumbent that frequently competes for the same offshore wind project scopes as Tekmar.
- DeepOcean Group: Norwegian-based subsea services provider offering installation, trenching, and protection services for subsea cables and umbilicals in offshore wind and oil & gas; overlaps with Tekmar's offshore services and engineering portfolio.
Direct peers
- Balmoral Group: UK-based supplier of buoyancy, protection, and stabilisation products for offshore wind and oil & gas, including cable protection systems used in the same offshore wind cable infrastructure applications as Tekmar.
- Trelleborg AB (Offshore & Construction): Swedish-listed industrial group with an offshore applied technologies division that supplies polymer-based cable protection systems, buoyancy modules, and subsea protection solutions for offshore wind — directly competing with Tekmar's CPS offering.
- First Subsea Limited: UK-headquartered specialist in cable protection systems and bend stiffeners for offshore wind, oil & gas, and wave & tidal projects; competes directly with Tekmar on subsea cable protection.
Emerging players
- Vryhof Anchors (part of Vryhof): Specialist in mooring, anchoring, and chain solutions for offshore floating wind and oil & gas; an emerging adjacent player that overlaps with Tekmar's grouting and stabilisation expertise in marine infrastructure projects.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Tekmar Group social profiles
Digital presenceTekmar Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tekmar Group leadership team
Management profileNumber of profiles
Tekmar Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tekmar Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tekmar Group
What does Tekmar Group do?
Tekmar Group designs and manufactures subsea Cable Protection Systems (CPS) and engineered polymer and concrete solutions used in offshore wind, oil & gas, interconnector, and marine infrastructure projects. The company also supplies grouting solutions, specialized offshore equipment, and engineering services that support subsea cable installation, stabilization, and protection requirements across the offshore project lifecycle.
Is Tekmar Group a public or private company?
Tekmar Group is a public company. It is classified as public and is currently operating.
When was Tekmar Group founded?
Tekmar Group was founded in 1984. It employs 101 to 250 people.
Where is Tekmar Group based?
Tekmar Group is headquartered in Newton Aycliffe, United Kingdom, in the Europe region.
How does Tekmar Group make money?
Four revenue lines are on record. Cable Protection Systems Sales are the primary driver. The others are engineering Services, offshore Energy Services and asset Protection Technology.
Who are Tekmar Group's main competitors?
Broad incumbents on record are Van Oord, DEME Group, Subsea 7, Saipem, Royal Boskalis Westminster and DeepOcean Group. Direct peers are Balmoral Group, Trelleborg AB (Offshore & Construction) and First Subsea Limited. Vryhof Anchors (part of Vryhof) is listed as an emerging player.
Does Tekmar Group have an API?
No public API is recorded for Tekmar Group.
What industry is Tekmar Group in?
Tekmar Group's product category is Subsea Cable Protection Systems. Its primary akta.pro industry code is IMAJAGAF, Electrical Engineering & Power Distribution (Generation, Switchboards, Cabling, Lighting), with a secondary code of TLAGAJAF, Offshore Subsea Gathering & Flowline Systems. Its NAICS code is 333132 and its SIC code is 1389.