OCEAN PARTNERS UK LIMITED
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Cash
£24m
+173.7% vs 2023
Net assets
£92m
+37.9% vs 2023
Employees
53
-1.9% vs 2023
Profit before tax
£41m
+141% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-07-20.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £2,098,261,878 | £2,370,094,276 | +13% | |
| Operating profit | £24,071,081 | £44,808,081 | +86.1% | |
| Profit before tax | £17,213,000 | £41,490,000 | +141% | |
| Net profit | £13,130,000 | £35,231,000 | +168.3% | |
| Cash | £8,710,000 | £23,835,000 | +173.7% | |
| Total assets less current liabilities | £70,906,000 | £94,793,000 | +33.7% | |
| Net assets | £66,558,000 | £91,789,000 | +37.9% | |
| Equity | £66,558,000 | £91,789,000 | +37.9% | |
| Average employees | 54 | 53 | -1.9% | |
| Wages | £7,589,000 | £10,036,000 | +32.2% | |
| Directors' remuneration | £2,986,000 | £4,384,000 | +46.8% |
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. 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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 1.1% | 1.9% | |
| Net margin | 0.6% | 1.5% | |
| Return on capital employed | 33.9% | 47.3% | |
| Current ratio | 1.37x | 1.34x | |
| Interest cover | 0.38x | 0.65x |
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
- OCEAN PARTNERS UK LIMITED 2004-08-20 → present
- 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 company will have sufficient funds to continue to meet its liabilities until at least 19 May 2026 and therefore continue to adopt the going concern basis of accounting in preparing these financial statements.”
Group structure
- OCEAN PARTNERS UK LIMITED · parent
- Chemin Trading UK Limited 100%
- Ocean Partners Chile SpA 100%
- Trading Partners Peru SAC 100%
- Erris Zinc Ltd 100%
Significant events
- “During the year the board made significant decisions including to bring external partners into its investments in Dore Copper and Shanoon Resources, to enable these projects to progress.”
- “As the world enters a period of increased trade tensions, including the escalating use of tariffs, the directors look to reduce the risk to company by managing its exposure, while positioning itself to capitalise on opportunities arising from changing trade flows.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| POULTER, Neil | Secretary | 2017-05-05 | — | — |
| 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 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PILLAY, Siva Jothie | Secretary | 2007-06-07 | 2014-06-26 |
| 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 310 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-25 | AA | accounts | Accounts with accounts type full | |
| 2025-08-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.