INNOCEAN WORLDWIDE UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-20 (in 10mo)
Last made up 2026-03-06
Watchouts
None on the register
Cash
£2M
-40.5% vs 2023
Net assets
£3M
+2.6% vs 2023
Employees
66
+8.2% vs 2023
Profit before tax
£2M
+12% vs 2023
Name history
Renamed 1 time since incorporation
- INNOCEAN WORLDWIDE UK LIMITED 2006-06-28 → present
- DWSCO 2659 LIMITED 2006-03-06 → 2006-06-28
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £10,223,412 | £11,726,542 | |
| Operating profit | £1,976,310 | £2,167,387 | |
| Profit before tax | £1,936,025 | £2,168,452 | |
| Net profit | £1,569,875 | £1,573,032 | |
| Cash | £3,823,076 | £2,276,155 | |
| Total assets less current liabilities | £4,840,532 | £4,676,707 | |
| Net assets | £2,761,930 | £2,834,962 | |
| Equity | £2,761,930 | £2,834,962 | |
| Average employees | 61 | 66 | |
| Wages | £3,557,547 | £4,224,986 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 19.3% | 18.5% | |
| Net margin | 15.4% | 13.4% | |
| Return on capital employed | 40.8% | 46.3% | |
| Gearing (liabilities / total assets) | 80.8% | 81.6% | |
| Current ratio | 1.23x | 1.21x | |
| Interest cover | 13.30x | 19.47x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that the Company has sufficient cash in order to meet its liabilities as they fall due for that period. Cash balance held at the end of February 2025 amounted to £3.3M.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAE, Sung Min | Secretary | 2024-06-01 | — | — |
| BAE, Sung Min | Director | 2024-06-01 | Jun 1979 | South Korean |
| JUN, Il Soo | Director | 2021-01-01 | Jan 1962 | South Korean |
| KIM, Dong Hyuck | Director | 2024-05-24 | Nov 1987 | South Korean |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AHN, Byung Geun | Secretary | 2011-09-01 | 2014-02-01 |
| CHOI, Yoonkwan | Secretary | 2017-02-01 | 2018-04-01 |
| HONG, Seokjun | Secretary | 2018-04-01 | 2020-08-31 |
| JUN, Il Soo | Secretary | 2014-02-01 | 2015-06-30 |
| KIM, Chong Kyun | Secretary | 2020-09-01 | 2024-06-01 |
| KWON, Ill Kwon | Secretary | 2009-02-18 | 2011-09-01 |
| KWON, Ill Kwon | Secretary | 2006-07-06 | 2007-08-31 |
| PARK, Soowan | Secretary | 2007-09-01 | 2009-02-18 |
| RHEE, Sang Hoon | Secretary | 2015-06-30 | 2017-02-01 |
| SNR DENTON SECRETARIES LIMITED | Corporate Secretary | 2006-03-06 | 2006-07-06 |
| AHN, Byung Geun, Chief Executive Officer | Director | 2011-05-17 | 2014-02-01 |
| CHO, Joon Hee | Director | 2009-05-04 | 2019-10-24 |
| CHOI, Kyung Hoon | Director | 2011-09-01 | 2012-05-01 |
| CHOI, Yoonkwan | Director | 2017-02-01 | 2018-04-01 |
| HONG, Seokjun | Director | 2018-04-01 | 2020-12-31 |
| JUN, Il Soo | Director | 2014-02-01 | 2015-06-30 |
| KIM, Chong Kyun | Director | 2020-03-01 | 2024-06-01 |
| KIM, Chong Kyun | Director | 2012-04-01 | 2015-09-10 |
| KIM, Tae Young | Director | 2019-10-24 | 2021-01-01 |
| KWON, Ill Kwon | Director | 2009-02-18 | 2011-09-01 |
| KWON, Ill Kwon | Director | 2006-07-03 | 2007-08-31 |
| NO, Kap Il | Director | 2006-07-03 | 2009-05-04 |
| PARK, Soowan | Director | 2007-09-01 | 2009-02-18 |
| RHEE, Sang Hoon | Director | 2015-06-30 | 2017-02-01 |
| RYU, Hae Yeong | Director | 2006-07-03 | 2011-09-01 |
| SIM, Hyunwoo | Director | 2015-09-10 | 2020-03-01 |
| DWS DIRECTORS LTD | Corporate Director | 2006-03-06 | 2006-07-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Innocean Worldwide Inc. | Corporate entity | Shares 75–100% | 2017-03-06 | Active |
Filing timeline
Last 20 of 132 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-20 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-08-20 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-04-22 | AA | accounts | Accounts with accounts type full | |
| 2025-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-06-11 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-06-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-16 | AA | accounts | Accounts with accounts type full | |
| 2024-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-11 | CH03 | officers | Change person secretary company with change date | |
| 2023-12-11 | CH01 | officers | Change person director company with change date | |
| 2023-07-14 | AA | accounts | Accounts with accounts type full | |
| 2023-03-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-05-31 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-05-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-05-25 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+14.7%
£10,223,412 £11,726,542
-
Cash
-40.5%
£3,823,076 £2,276,155
-
Net assets
+2.6%
£2,761,930 £2,834,962
-
Employees
+8.2%
61 66
-
Operating profit
+9.7%
£1,976,310 £2,167,387
-
Profit before tax
+12%
£1,936,025 £2,168,452
-
Wages
+18.8%
£3,557,547 £4,224,986
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