OCEAN AUTOMOTIVE LIMITED
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Cash
£1.5k
-3.8% vs 2024
Net assets
£11m
+3% highest in 5 filed years
Employees
150
+0.7% vs 2024
Profit before tax
£419k
+14,701.8% vs 2024
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £96,656,165 | £113,547,136 | £135,399,011 | £133,945,416 | £134,915,106 | +0.7% | |
| Operating profit | £1,295,430 | £2,471,200 | £1,123,759 | £931,067 | £1,266,722 | +36.1% | |
| Profit before tax | £756,747 | £2,026,954 | £252,315 | £2,832 | £419,186 | +14,701.8% | |
| Net profit | £607,064 | £1,569,222 | £268,398 | -£86,235 | £317,375 | +468% | |
| Cash | £48,115 | £127,906 | £1,471 | £1,560 | £1,500 | -3.8% | |
| Total assets less current liabilities | £6,828,555 | £8,388,656 | £10,859,125 | £10,765,502 | £11,067,342 | +2.8% | |
| Net assets | £6,600,733 | £8,169,955 | £10,639,829 | £10,553,994 | £10,870,969 | +3% | |
| Equity | £6,600,733 | £8,169,955 | £10,639,829 | £10,553,994 | £10,870,969 | +3% | |
| Average employees | 140 | 141 | 151 | 149 | 150 | +0.7% | |
| Wages | £4,489,237 | £4,828,611 | £5,609,522 | £5,753,114 | £5,890,972 | +2.4% | |
| Directors' remuneration | £74,539 | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | 1.3% | 2.2% | 0.8% | 0.7% | 0.9% | |
| Net margin | 0.6% | 1.4% | 0.2% | -0.1% | 0.2% | |
| Return on capital employed | 19.0% | 29.5% | 10.3% | 8.6% | 11.4% | |
| Gearing (liabilities / total assets) | 73.7% | 66.6% | 66.3% | 60.2% | 65.0% | |
| Current ratio | — | — | 1.46x | 1.61x | 1.50x | |
| Interest cover | 2.40x | 5.56x | 1.29x | 1.00x | 1.49x |
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.
Name history
Renamed 2 times since incorporation
- OCEAN AUTOMOTIVE LIMITED 2000-08-02 → present
- POOLE AUDI LIMITED 2000-06-14 → 2000-08-02
- HOWPER 302 LIMITED 2000-04-28 → 2000-06-14
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting”
Significant events
- “On 20 November 2025, the Company was acquired by Van Mossel Automotive Group B.V.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| POLKINGHORNE, Alison Gail | Secretary | 2002-05-01 | — | British |
| POLKINGHORNE, Alison Gail | Director | 2002-12-17 | Jun 1970 | British |
| RUSSELL, Stephen Kenneth | Director | 2002-12-17 | May 1968 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HP SECRETARIAL SERVICES LIMITED | Corporate Nominee Secretary | 2000-04-28 | 2002-05-01 |
| COUPLAND, Leon John Ronald | Director | 2007-01-01 | 2016-05-01 |
| KELLY, David John | Director | 2000-05-09 | 2025-11-20 |
| LAMING, Mark | Director | 2010-07-01 | 2020-01-14 |
| MARTIN, David Harry | Director | 2000-10-20 | 2002-02-28 |
| SCRIMGEOUR, Alan James | Director | 2011-11-09 | 2019-02-04 |
| WEBB, Robin Glenn | Director | 2005-01-01 | 2006-02-17 |
| WILLIAMS, Christian Marc | Director | 2007-01-01 | 2008-10-17 |
| HP DIRECTORS LIMITED | Corporate Nominee Director | 2000-04-28 | 2000-05-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ocean Automotive (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 126 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-09 MA Memorandum articles
- 2025-12-09 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type full | |
| 2026-03-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-09 | MA | incorporation | Memorandum articles | |
| 2025-12-09 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-10 | AA | accounts | Accounts with accounts type full | |
| 2025-08-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-05-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-21 | RP04AR01 | annual-return | Second filing of annual return with made up date | |
| 2025-02-06 | CH01 | officers | Change person director company with change date | |
| 2025-02-06 | CH01 | officers | Change person director company with change date | |
| 2024-09-17 | AA | accounts | Accounts with accounts type full | |
| 2024-07-08 | CH01 | officers | Change person director company with change date | |
| 2024-07-08 | CH03 | officers | Change person secretary company with change date | |
| 2024-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.