OCEE INTERNATIONAL LTD

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  -13.3%

  £36,843,706 → £31,948,947

• Cash

  +4.4%

  £1,547,953 → £1,616,759

  highest in 3 filed years

• Net assets

  -59.7%

  -£4,694,977 → -£7,498,030

  lowest in 3 filed years

• Employees

  -4.3%

  163 → 156

• Operating profit

  -43.7%

  £1,714,931 → £965,469

• Profit before tax

  -44.7%

  -£1,866,796 → -£2,700,931

• Wages

  -13.5%

  £7,744,061 → £6,700,738

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. OCEE INTERNATIONAL LTD 2016-05-11 → present
2. OCEE DESIGN GROUP LTD 2016-03-08 → 2016-05-11

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

MHA

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.”

Group structure

1. OCEE INTERNATIONAL LTD · parent
   1. Ocee Design Limited 100% · United Kingdom · Manufacture and sale of office furniture
   2. Race Furniture Limited 72.5% · United Kingdom · Manufacture and sale of theatre and auditorium seating
   3. Fabricks Limited 100% · United Kingdom · Dormant
   4. Four Design Group Limited ApS 100% · Denmark · Manufacture and sale of office furniture
   5. Four Design Norge AS 100% · Norway · Sale of office furniture
   6. Four Design GmbH 100% · Germany · Sale of office furniture

Significant events

• “Following the acquisition of Audise by Race Furniture in February 2023, Race has continued its strong period of growth within the Theatre and Auditorium sectors.”
• “The recent incorporation of Southerns Broadstock Interiors Limited (SBIL) provided the vehicle to purchase certain assets of Southerns Broadstock Limited following the company going into administration on the 20 January 2025.”
• “Following the year end, the Group has incorporated a new Company, Southerns Broadstock Interiors Limited, to facilitate the purchase of certain assets of Southerns Broadstock Limited following the company going into administration on 20 January 2025. This acquisition was funded through additional loan notes being issued.”
• “Exceptional costs of over £687,496 were incurred as a result of 2 property relocations, the buyout of our Danish agency and the upgrade to our IT infrastructure.”

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

3

last 12 months

Officers resigned

4

last 12 months

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