OCEAN AUTOMOTIVE LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -1.1%

  £135,399,011 → £133,945,416

• Cash

  +6.1%

  £1,471 → £1,560

• Net assets

  -0.8%

  £10,639,829 → £10,553,594

• Employees

  -1.3%

  151 → 149

• Operating profit

  -17.1%

  £1,123,759 → £931,067

  lowest in 3 filed years

• Profit before tax

  -98.9%

  £252,315 → £2,832

  lowest in 5 filed years

• Wages

  +2.6%

  £5,609,522 → £5,753,114

  highest in 5 filed years

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.

1. OCEAN AUTOMOTIVE LIMITED 2000-08-02 → present
2. POOLE AUDI LIMITED 2000-06-14 → 2000-08-02
3. HOWPER 302 LIMITED 2000-04-28 → 2000-06-14

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have made an assessment in preparing the financial statements as to whether the company is a going concern. After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company had adequate resource to continue in operational existence for at least 12 months from the date of this report. The company therefore adopts the going concern basis in preparing its financial statements.”

Significant events

• “Following the court ruling in October 2024, we have implemented the legal requirement to now disclose the amount of finance commission we would receive in advance of any finance agreement proceeding.”
• “GAP Insurance, following the temporary pause introduced by the FCA in February 2024, was reinstated in July 2024 with enhanced benefits and competitive pricing.”
• “The audit business of UHY Hacker Young Manchester LLP was acquired by Cooper Parry Group Limited on 30 September 2024. UHY Hacker Young Manchester LLP has resigned as auditor and Cooper Parry Group Limited has been appointed in its place.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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