UK Companies House feature
OCEAN FARM SERVICES LTD
Cash
£2M
+2,115.3% vs 2023
Net assets
£5M
+72.9% vs 2023
Employees
66
-1.5% vs 2023
Profit before tax
£3M
+1,248.1% vs 2023
Profile
- Company number
- SC602358
- Status
- Active
- Incorporation
- 2018-07-12
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 50200
Net assets
6-year trend · vs UK Logistics & Mobility median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-07-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | £229,131 | £3,088,946 | |
| Net profit | — | — | — | — | £133,862 | £2,371,999 | |
| Cash | £109,440 | — | — | — | £86,357 | £1,913,082 | |
| Total assets less current liabilities | £716,972 | — | — | — | £32,836,283 | £23,382,792 | |
| Net assets | -£2,928 | — | — | — | £2,952,659 | £5,104,190 | |
| Equity | -£2,928 | — | — | — | £2,952,659 | £5,104,190 | |
| Average employees | 2 | — | — | — | 67 | 66 | |
| Wages | — | — | — | — | £3,008,593 | £3,180,853 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PFS & Partners Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. The auditor has not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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.”
Significant events
- “In June 2024, we purchased the Ocean Fjord and sold the Aurora. In December 2024, we sold the Viktoria Lady that we bought in July 2023.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLARK, Gilbert Ian | Director | 2018-07-12 | May 1973 | British |
| CLARK, Marianne Louise | Director | 2020-01-06 | Dec 1972 | British |
| LEASK, Colin Andrew | Director | 2018-07-12 | Jan 1973 | British |
| LEASK, Valerie Christina | Director | 2020-01-06 | May 1975 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Aurora Marine Ltd. | Corporate entity | Shares 25–50%, Voting 25–50% | 2018-07-12 | Active |
| North Isles Marine Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2018-07-12 | Active |
Filing timeline
Last 20 of 75 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-03 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2026-04-03 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2026-04-03 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2026-04-03 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2026-04-03 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2026-04-03 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2026-02-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-01-13 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2026-01-13 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2026-01-13 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-07-01 | AA | accounts | accounts with accounts type full |
| 2025-01-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-12-18 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-12-18 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-12-18 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-08-06 | AA | accounts | accounts with accounts type full |
| 2024-07-02 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-07-02 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-07-02 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-01-29 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
0.63
DISTRESS
Altman Z″
- Working capital / Total assets -0.104 × 6.56 = -0.68
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.163 × 6.72 = +1.10
- Book equity / Total liabilities 0.202 × 1.05 = +0.21
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory