OCEAN HOLIDAYS LIMITED

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  Negative shareholders' funds

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 —. Year-on-year comparison hidden: this filing covers about 12 months versus 16 months prior. 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

Consolidated group

Auditor

White Hart Associates (London) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. OCEAN HOLIDAYS LIMITED · parent
   1. Ocean Flights Limited 100% · UK

Significant events

• “On 11 December 2024, the Group implemented a change to the regulatory framework under which it sells package holidays, transitioning to a third-party ATOL structure as a member of the Hays Travel Independence Group, under which the Group sells package holidays.”
• “Following the year end, the Company undertook a restructuring of its capital and debt position in order to strengthen its balance sheet and liquidity. In June 2025, Hays Travel Limited acquired a 35% equity interest in the Company.”
• “The proceeds of the investment were used to repay in full the Company's outstanding convertible loan notes, which were due to mature in 2026, and to provide additional working capital to support the ongoing operations of the business.”
• “On 12th June 2025 Hays Travel Limited took a 35% equity stake in Ocean Holidays Limited.”
• “The total other loans balance of £9,384,945 outstanding as at 30 April 2025 was fully repaid subsequesnt to the year end.”

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

3

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.