OOCL (EUROPE) LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +21.2%

  £194,550,348 → £235,785,303

• Cash

  +47.9%

  £4,945,055 → £7,314,794

• Net assets

  +2.8%

  £573,547,133 → £589,849,742

• Employees

  +2.2%

  46 → 47

• Operating profit

  +1,404.7%

  £3,181,580 → £47,874,710

• Profit before tax

  +534.1%

  £8,430,141 → £53,455,932

• Wages

  +47.5%

  £2,594,752 → £3,828,213

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis given that OOCL (Assets) Holdings Inc., the intermediate parent company, has confirmed in writing to the Company its present intention to provide adequate financial support such as to allow the Company to pay its debts as they fall due and to allow the continued operations of the Company for a period of at least 12 months following the signing of these financial statements.”

Group structure

1. OOCL (EUROPE) LIMITED · parent
   1. OOCL Benelux 100% · Belgium · Liner agency
   2. OOCL (Denmark) A/S 100% · Denmark · Liner agency
   3. OOCL (Finland) Ltd Oy 100% · Finland · Liner agency
   4. OOCL Gemi Acenteligi Hizmetleri ve Ticaret Anonim Sirketi 100% · Turkey · Liner agency
   5. OOCL (Italy) S.r.l. 100% · Italy · Liner agency
   6. OOCL (Lithuania) UAB 100% · Lithuania · Liner agency
   7. OOCL (Poland) Limited sp. z o.o. 100% · Poland · Liner agency
   8. OOCL (Portugal), Lda 100% · Portugal · Liner agency
   9. OOCL (Russia) Limited 100% · Russia · Liner agency
   10. Orient Overseas Container Line (Spain), S.L. 100% · Spain · Liner agency
   11. OOCL (Sweden) AB 100% · Sweden · Liner agency
   12. OOCL (UK) Limited 100% · UK · Dormant
   13. OOCL (Egypt) Shipping Agency S.A.E. 49% · Egypt · Liner agency

Significant events

• “The impact of the Red Sea situation continued to be felt throughout 2024 as diversions around the Cape of Good Hope absorbed some level of capacity which maintained freight rates at profitable levels.”
• “Looking forward to 2025, the outlook continues to be uncertain. The ongoing wars in Ukraine and the Middle East continue to impact the supply chain. The new U.S. administration also continues to unravel their new policies on trade which will potentially impact the global economy and supply chain in the short and long term.”
• “Business to Russia was suspended in March 2022 following international sanctions against the Russian Federation.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.