OCEAN PARTNERS UK LIMITED
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Cash
£53m
USD 71,768,000
+180.7% highest in 3 filed years
Net assets
£158m
USD 212,643,000
+116% highest in 3 filed years
Employees
56
+5.7% highest in 3 filed years
Profit before tax
£133m
USD 179,208,000
+302.7% highest in 3 filed years
Watch the reel
Our short-form breakdown of OCEAN PARTNERS UK LIMITED's latest filing
Ocean Partners UK runs with just 56 staff, but just posted nearly £3.9 billion in turnover. 📈 Here's how the metals trader doubled its operating profit and handed its top director a £3.4m payout.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £2,199,817,226 | £2,521,196,275 | £3,885,797,403 | +54.1% | |
| Operating profit | £25,236,115 | £47,664,756 | £87,811,503 | +84.2% | |
| Profit before tax | £13,502,510 | £33,022,923 | £132,992,950 | +302.7% | |
| Net profit | £10,299,655 | £28,041,229 | £101,561,410 | +262.2% | |
| Cash | £6,832,444 | £18,970,869 | £53,260,111 | +180.7% | |
| Total assets less current liabilities | £55,621,274 | £75,448,106 | £182,757,699 | +142.2% | |
| Net assets | £52,210,543 | £73,057,147 | £157,805,566 | +116% | |
| Equity | £52,210,543 | £73,057,147 | £157,805,566 | +116% | |
| Average employees | 54 | 53 | 56 | +5.7% | |
| Wages | £5,953,091 | £7,987,902 | £12,016,327 | +50.4% | |
| Directors' remuneration | £2,342,328 | £3,634,989 | £7,654,917 | +110.6% | |
| Directors' pension contributions | £115,312 | £145,654 | — | — | |
| Highest paid director | £798,557 | £1,544,890 | £3,458,256 | +123.9% |
Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 1.1% | 1.9% | 2.3% | |
| Net margin | 0.5% | 1.1% | 2.6% | |
| Return on capital employed | 45.4% | 63.2% | 48.0% | |
| Gearing (liabilities / total assets) | 93.8% | 94.1% | 92.8% | |
| Current ratio | 1.03x | 1.00x | 1.00x | |
| Interest cover | 0.51x | 0.86x | 1.35x |
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.
Name history
Renamed 1 time since incorporation
- OCEAN PARTNERS UK LIMITED 2004-08-20 → present
- DWSCO 2545 LIMITED 2004-07-06 → 2004-08-20
Audit & accounting basis
- Accounting basis
- FRS 102
- 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... the directors have assessed that they have... a reasonable expectation that the company has adequate resources to continue in operational existence until at least 7 May 2027.”
Group structure
- OCEAN PARTNERS UK LIMITED · parent
- Chemin Trading UK Limited 100%
- Ocean Partners Chile SpA 100%
- Trading Partners Peru SAC 100%
- Flintridge Resources Limited 80%
- Omagh Minerals Limited 80%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| THOMAS, Alistair Mark | Secretary | 2026-06-09 | — | — |
| BALL, Stephen John | Director | 2020-07-01 | Mar 1966 | British |
| MITTAL, Sandeep | Director | 2014-03-01 | Sep 1972 | British |
| NORTH, Richard John | Director | 2012-03-30 | Feb 1964 | British |
| PILLAY, Siva Jothie | Director | 2006-02-01 | Feb 1963 | British |
| POULTER, Neil | Director | 2016-01-19 | Feb 1968 | British |
| TURHAL, Zekeriya | Director | 2020-10-01 | Mar 1978 | Turkish |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PILLAY, Siva Jothie | Secretary | 2007-06-07 | 2014-06-26 |
| POULTER, Neil | Secretary | 2017-05-05 | 2026-06-09 |
| SMITH, Paul Anthony | Secretary | 2004-09-28 | 2007-06-07 |
| VAN HALDER, Adrianus Andreas Everdina Maria | Secretary | 2004-08-23 | 2004-09-28 |
| WOOLDRIDGE, Samuel Laurie | Secretary | 2014-06-27 | 2017-05-05 |
| DWS SECRETARIES LIMITED | Corporate Secretary | 2004-07-06 | 2004-08-23 |
| FOLEY, John Patrick | Director | 2012-03-30 | 2014-02-28 |
| SMITH, Paul Anthony | Director | 2004-08-23 | 2012-06-07 |
| VAN HALDER, Adrianus Andreas Everdina Maria | Director | 2004-09-28 | 2012-03-30 |
| WOOLDRIDGE, Samuel Laurie | Director | 2012-03-30 | 2020-06-15 |
| DWS DIRECTORS LTD | Corporate Director | 2004-07-06 | 2004-08-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ocean Partners Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-07-07 | Active |
Filing timeline
Last 20 of 319 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-10 | AA | accounts | Accounts with accounts type full | |
| 2026-07-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-07-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-07-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-07-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-06-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-06-17 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-06-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-06-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-25 | AA | accounts | Accounts with accounts type full | |
| 2025-08-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 16
- Capital events
- 0
- Officers appointed
- 1
- 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.