CROSS OCEAN ADVISER LLP
Get an alert when CROSS OCEAN ADVISER LLP files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-23 (in 1mo)
Last made up 2025-06-09
Watchouts
None on the register
Cash
£6M
-38.4% vs 2023
Net assets
£119K
-98.9% vs 2023
Employees
41
+10.8% vs 2023
Profit before tax
-£277K
-108% vs 2023
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £26,514,679 | £27,730,707 | |
| Operating profit | £3,211,226 | -£358,005 | |
| Profit before tax | £3,468,026 | -£277,101 | |
| Net profit | £1,683,144 | -£1,864,080 | |
| Cash | £9,337,287 | £5,748,256 | |
| Total assets less current liabilities | £22,882,968 | £15,187,459 | |
| Net assets | £11,359,130 | £119,300 | |
| Equity | £11,359,130 | £119,300 | |
| Average employees | 37 | 41 | |
| Wages | £13,436,150 | £17,104,621 |
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 | 12.1% | -1.3% | |
| Net margin | 6.3% | -6.7% | |
| Return on capital employed | 14.0% | -2.4% | |
| Gearing (liabilities / total assets) | 67.8% | 99.6% | |
| Current ratio | 1.81x | 1.37x | |
| Interest cover | 8.87x | -0.60x |
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
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the analysis carried out by the members, they believe that the LLP has sufficient cash reserves to meet any ongoing and existing commitments. Additionally, the LLP can rely on arranged bank overdrafts of £2,500,000 from RBS in the event of any unlikely shortfall.”
Group structure
- CROSS OCEAN ADVISER LLP · parent
- Cross Ocean (UK) Limited
- Cross Ocean Partners Management LP
Significant events
- “The continuation of military conflict between Russia and Ukraine and escalating conflict in the Middle East has resulted in shortages or certain commodities leading to global energy and price inflation.”
- “The LLP did not make any political donations or incur any political expenditure during the year (2023: £nil). The LLP made £11,378 charitable donations during the year (2023: £10,000).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AITKEN, Andrew Jonathan | Llp Designated Member | 2018-06-14 | Mar 1976 | — |
| HEANLY, Steven Warburton | Llp Designated Member | 2015-06-09 | Jan 1968 | — |
| ZANDER, Christopher Steven | Llp Designated Member | 2015-06-09 | Sep 1967 | — |
| CROSS OCEAN (UK) LIMITED | Corporate Llp Designated Member | 2015-06-09 | — | — |
| BEESTON, Guy | Llp Member | 2021-12-16 | Apr 1968 | — |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BERRY, Mark | Llp Member | 2015-07-07 | 2021-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Christopher Steven Zander | Individual | significant-influence-or-control-limited-liability-partnership | 2024-04-24 | Active |
| Mr Graham Campbell Goldsmith | Individual | significant-influence-or-control-limited-liability-partnership | 2016-04-06 | Ceased 2024-04-24 |
| Cross Ocean (Uk) Limited | Corporate entity | right-to-share-surplus-assets-75-to-100-percent-limited-liability-partnership, right-to-appoint-and-remove-members-limited-liability-partnership | 2016-04-06 | Active |
Filing timeline
Last 20 of 66 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-28 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-06-23 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2025-06-23 | LLPSC05 | persons-with-significant-control | Change to a person with significant control limited liability partnership | |
| 2025-06-23 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-23 | LLAD01 | address | Change registered office address limited liability partnership with date old address new address | |
| 2024-10-08 | AA | accounts | Accounts with accounts type full | |
| 2024-06-21 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-21 | LLPSC07 | persons-with-significant-control | Cessation of a person with significant control limited liability partnership | |
| 2024-06-21 | LLPSC01 | persons-with-significant-control | Notification of a person with significant control limited liability partnership | |
| 2024-06-21 | LLPSC05 | persons-with-significant-control | Change to a person with significant control limited liability partnership | |
| 2024-02-05 | LLPAUD | auditors | Auditors resignation limited liability partnership | |
| 2024-02-05 | LLPAUD | auditors | Auditors resignation limited liability partnership | |
| 2024-01-13 | AA | accounts | Accounts with accounts type full | |
| 2023-11-02 | LLPSC05 | persons-with-significant-control | Change to a person with significant control limited liability partnership | |
| 2023-11-02 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2023-11-02 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2023-11-02 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2023-11-02 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2023-11-02 | LLCH02 | officers | Change corporate member limited liability partnership with name change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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
+4.6%
£26,514,679 £27,730,707
-
Cash
-38.4%
£9,337,287 £5,748,256
-
Net assets
-98.9%
£11,359,130 £119,300
-
Employees
+10.8%
37 41
-
Operating profit
-111.1%
£3,211,226 -£358,005
-
Profit before tax
-108%
£3,468,026 -£277,101
-
Wages
+27.3%
£13,436,150 £17,104,621
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