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Cash

£53m

USD 71,768,000

Latest balance sheet

Net assets

£158m

USD 212,643,000

Equity attributable

Employees

56

Average over period

Profit before tax

£133m

USD 179,208,000

Period ending 2025-12-31

Watch the reel

Our short-form breakdown of OCEAN PARTNERS UK LIMITED's latest filing

Ocean Partners UK runs with just 56 staff, but just posted nearly £3.9 billion in turnover. 📈 Here's how the metals trader doubled its operating profit and handed its top director a £3.4m payout.

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2024-12-312025-12-31 Δ vs prior
Turnover £2,521,196,275£3,885,797,403
Operating profit £47,664,756£87,811,503
Profit before tax £33,022,923£132,992,950
Net profit £28,041,229£101,561,410
Cash £18,970,869£53,260,111
Total assets less current liabilities £75,448,106£182,757,699
Net assets £73,057,147£157,805,566
Equity £73,057,147£157,805,566
Average employees 5356
Wages £7,987,902£12,016,327
Directors' remuneration £3,634,989£7,654,917
Highest paid director £1,500,318£3,417,440

Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. 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 . Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-12-312025-12-31
Operating margin 1.9%2.3%
Net margin 1.1%2.6%
Return on capital employed 63.2%48.0%
Current ratio 1.00x1.00x
Interest cover 0.86x1.35x

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 1 time since incorporation

  1. OCEAN PARTNERS UK LIMITED 2004-08-20 → present
  2. DWSCO 2545 LIMITED 2004-07-06 → 2004-08-20

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“For this reason the directors are confident that the company will have sufficient funds to continue to meet its liabilities until at least 7 May 2027 and therefore continue to adopt the going concern basis of accounting in preparing these financial statements.”

Group structure

  1. OCEAN PARTNERS UK LIMITED · parent
    1. Chemin Trading UK Limited 100%
    2. Ocean Partners Chile SpA 100%
    3. Trading Partners Peru SAC 100%
    4. Flintridge Resources Limited* 80%
    5. Omagh Minerals Limited* 80%

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

People

7 active · 11 resigned

Name Role Appointed Born Nationality
THOMAS, Alistair Mark Secretary 2026-06-09
BALL, Stephen John Director 2020-07-01 Mar 1966 British
MITTAL, Sandeep Director 2014-03-01 Sep 1972 British
NORTH, Richard John Director 2012-03-30 Feb 1964 British
PILLAY, Siva Jothie Director 2006-02-01 Feb 1963 British
POULTER, Neil Director 2016-01-19 Feb 1968 British
TURHAL, Zekeriya Director 2020-10-01 Mar 1978 Turkish
Show 11 resigned officers
Name Role Appointed Resigned
PILLAY, Siva Jothie Secretary 2007-06-07 2014-06-26
POULTER, Neil Secretary 2017-05-05 2026-06-09
SMITH, Paul Anthony Secretary 2004-09-28 2007-06-07
VAN HALDER, Adrianus Andreas Everdina Maria Secretary 2004-08-23 2004-09-28
WOOLDRIDGE, Samuel Laurie Secretary 2014-06-27 2017-05-05
DWS SECRETARIES LIMITED Corporate Secretary 2004-07-06 2004-08-23
FOLEY, John Patrick Director 2012-03-30 2014-02-28
SMITH, Paul Anthony Director 2004-08-23 2012-06-07
VAN HALDER, Adrianus Andreas Everdina Maria Director 2004-09-28 2012-03-30
WOOLDRIDGE, Samuel Laurie Director 2012-03-30 2020-06-15
DWS DIRECTORS LTD Corporate Director 2004-07-06 2004-08-23

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ocean Partners Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2023-07-07 Active

Filing timeline

Last 20 of 319 total filings

Date Type Category Description
2026-09-10 AA accounts Accounts with accounts type full
2026-07-27 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-07-27 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-07-27 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-07-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-06-18 TM02 officers Termination secretary company with name termination date PDF
2026-06-17 AP03 officers Appoint person secretary company with name date PDF
2026-06-17 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-06-09 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-04-28 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-02-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-12-18 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-11-25 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-11-25 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-11-25 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-10-08 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-09-25 AA accounts Accounts with accounts type full PDF
2025-08-27 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-07-25 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-07-24 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
17

last 12 months

Capital events
0

last 24 months

Officers appointed
1

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.

Official Companies House page