OCEAN COMMUNITY SERVICES 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

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

Standalone (parent only)

Auditor

Hazlewoods LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements. 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.”

Significant events

• “The company has chosen to early adopt the amendments to FRS 102 issued in September 2024. The amendments to FRS 102 have revised the accounting for leases which has had the following impact: Right of use assets as at 31 March 2025 - £1,228,810 (on transition as at 1 May 2024 - £1,304,044) Lease liabilities as at 31 March 2025 - £1,236,386 (on transition as at 1 May 2024 - £1,304,044) Impact of profit and loss account for the period 1 May 2024 to 31 March 2025 - loss of £40,576. The amendments to FRS 102 have introduced changes to revenue recognition policies and fair value measurement requirements. The company has early adopted these amendments with them having no impact on the financial statements.”
• “During the reporting year Ocean Community Services has been focusing upon enhancing our current environmental and carbon management programmes. We have actively retrofitted and are continuing to retrofit our sites with LED lighting upgrades and more efficient boilers to lower our overall energy consumption and increase efficiency. To compliment these upgrades, we have installed improved weatherproofing, insulation, and undertaken replacement of windows and doors to further improve heat retention and energy efficiency.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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.

• Turnover

  -1.4%

  £21,384,756 → £21,081,023

• Cash

  +4.4%

  £896,386 → £935,818

• Net assets

  +35.4%

  £15,837,608 → £21,442,115

• Employees

  +5.5%

  361 → 381

• Operating profit

  +59.6%

  £3,756,125 → £5,994,059

• Profit before tax

  +67.3%

  £3,452,406 → £5,777,208

• Wages

  +2.4%

  £9,285,039 → £9,511,490

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers