OXECO LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-01 (in 9mo)
Last made up 2026-01-18
Watchouts
None on the register
Cash
£3M
+22.2% vs 2023
Net assets
£5M
-16.4% vs 2023
Employees
14
+7.7% vs 2023
Profit before tax
-£1M
-31.5% vs 2023
Name history
Renamed 2 times since incorporation
- OXECO LIMITED 2021-06-07 → present
- OXFORD NANOMATERIALS LIMITED 2021-02-19 → 2021-06-07
- OXFORD NANOMATERIAL SYSTEMS LIMITED 2021-01-19 → 2021-02-19
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £191,000 | £221,000 | |
| Operating profit | -£1,271,000 | -£1,600,000 | |
| Profit before tax | -£1,051,000 | -£1,382,000 | |
| Net profit | -£1,002,000 | -£1,259,000 | |
| Cash | £2,173,000 | £2,655,000 | |
| Total assets less current liabilities | £6,541,000 | £5,497,000 | |
| Net assets | £6,396,000 | £5,349,000 | |
| Equity | £6,396,000 | £5,349,000 | |
| Average employees | 13 | 14 | |
| Wages | £678,000 | £769,000 |
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 | -665.4% | -724.0% | |
| Net margin | -524.6% | -569.7% | |
| Return on capital employed | -19.4% | -29.1% | |
| Gearing (liabilities / total assets) | 5.2% | 7.3% | |
| Current ratio | -24.49x | -19.21x | |
| Interest cover | -141.22x | -76.19x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Peters Elworthy & Moore
- 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 or 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
- OXECO LIMITED · parent
- OXECO U.K. Limited 100%
- Oxford Nanomaterials Limited 100%
- Oxford Energy Technologies Limited 100%
Significant events
- “On 25 February 2025, Oxford Nanomaterials Limited, a wholly owned subsidiary of OXECO Limited, was dissolved. This dissolution took place after the reporting date and does not impact the financial position of the Group as at 31 December 2024. The subsidiary undertaking had no material assets or liabilities at the date of dissolution, and its closure does not affect the Group's ongoing operations.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COOPER, Nikki Marie | Secretary | 2021-04-20 | — | — |
| GRIFFITHS, Jon-Paul | Director | 2021-01-19 | Jun 1978 | British |
| NORWOOD, David | Director | 2024-11-01 | Oct 1968 | British |
| RAGOUSSIS, Vassilis | Director | 2021-09-15 | Apr 1993 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ATWAL, Buta Singh | Director | 2022-10-01 | 2025-03-24 |
| BOTT, David Charles | Director | 2021-07-19 | 2023-03-31 |
| EDE-GOLIGHTLY, James Lawrence | Director | 2021-07-19 | 2025-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Rebecca Norwood | Individual | Shares 25–50% | 2021-07-14 | Ceased 2022-01-21 |
| Ora Limited | Corporate entity | Shares 25–50% | 2021-07-14 | Active |
| Mr Richard Ian Griffiths | Individual | ownership-of-shares-25-to-50-percent-as-firm | 2021-07-14 | Active |
| Mr Jon-Paul Griffiths | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-01-19 | Ceased 2021-07-14 |
Filing timeline
Last 20 of 47 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-24 | AA | accounts | Accounts with accounts type group | |
| 2025-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-07-05 | AA | accounts | Accounts with accounts type group | |
| 2024-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-02 | AA | accounts | Accounts with accounts type group | |
| 2023-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-11 | AA | accounts | Accounts with accounts type group | |
| 2022-10-07 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-13 | CH01 | officers | Change person director company with change date | |
| 2022-09-13 | CH01 | officers | Change person director company with change date | |
| 2022-09-13 | CH01 | officers | Change person director company with change date | |
| 2022-09-13 | CH03 | officers | Change person secretary company with change date | |
| 2022-09-13 | CH01 | officers | Change person director company with change date | |
| 2022-05-18 | AA01 | accounts | Change account reference date company previous shortened |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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
+15.7%
£191,000 £221,000
-
Cash
+22.2%
£2,173,000 £2,655,000
-
Net assets
-16.4%
£6,396,000 £5,349,000
-
Employees
+7.7%
13 14
-
Operating profit
-25.9%
-£1,271,000 -£1,600,000
-
Profit before tax
-31.5%
-£1,051,000 -£1,382,000
-
Wages
+13.4%
£678,000 £769,000
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