OYSTER YACHTS LIMITED

• ◆

  3 officer resignations in last 12 months

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

1. OYSTER YACHTS LIMITED 2018-04-03 → present
2. RICHARD HADIDA YACHTING LIMITED 2018-03-16 → 2018-04-03

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On this basis, the directors have a reasonable expectation that the Company have adequate resources to continue in operational existence for the foreseeable future, being not less than 12 months from the date of signing the financial statements. Consequently, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. OYSTER YACHTS LIMITED · parent
   1. Oyster Palma SL 100% · Spain · Yacht service and repairs
   2. Oyster Yachts Events Limited 100% · UK · Regatta and other sailing events
   3. Oyster Brokerage Limited 100% · UK · Yacht brokerage
   4. Oyster Yachts USA Limited 100% · USA · Yacht sales
   5. Oyster Yachts 2017 Limited 100% · UK · Dormant
   6. Southampton Yacht Services Limited 100% · UK · Dormant
   7. Oyster Leasing Limited 100% · UK · Dormant

Significant events

• “During the year new customer experiences, including the Bluewater Academy and Oyster Explorers Club, were introduced. We maintained full occupancy of our shipyards' build-bays during the period and invested in tooling to expand production capacity. We announced the launch of the Oyster 805, a striking, superyacht-inspired 80-foot sailboat.”
• “In FY25, this focus produced positive results: Solid sales of new yachts across the model range; Revenue of £65.6m, up 6% on the prior year; Improvement in gross profit from £3.9m to £10.0m; and £6.3m reduction in EBITDA loss before exceptional costs, to £4.9m.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +6.4%

  £61,670,305 → £65,594,133

• Cash

  +24,984.8%

  £105 → £26,339

• Net assets

  -39.8%

  -£20,295,994 → -£28,374,326

• Employees

  -0.6%

  515 → 512

• Operating profit

  +46.1%

  -£13,959,834 → -£7,530,841

• Profit before tax

  +41.2%

  -£14,096,547 → -£8,289,889

• Wages

  +6.8%

  £19,579,587 → £20,919,355

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