OCEAN SIGNAL LIMITED
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Cash
£543K
-48.7% lowest in 3 filed years
Net assets
£4.2M
-31.2% lowest in 3 filed years
Employees
61
+1.7% highest in 3 filed years
Profit before tax
£8.7M
+17.5% highest in 3 filed years
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £24,635,505 | £21,399,166 | £26,184,434 | +22.4% | |
| Operating profit | £8,094,617 | £7,412,208 | £8,707,629 | +17.5% | |
| Profit before tax | £8,091,685 | £7,412,208 | £8,707,629 | +17.5% | |
| Net profit | £6,670,744 | £5,897,711 | £7,332,719 | +24.3% | |
| Cash | £882,424 | £1,058,624 | £542,563 | -48.7% | |
| Total assets less current liabilities | £5,705,383 | £6,153,094 | £4,235,813 | -31.2% | |
| Net assets | £5,705,383 | £6,153,094 | £4,235,813 | -31.2% | |
| Equity | £5,705,383 | £6,153,094 | £4,235,813 | -31.2% | |
| Average employees | 51 | 60 | 61 | +1.7% | |
| Wages | £2,253,011 | £2,392,404 | £2,715,605 | +13.5% | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — 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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | 32.9% | 34.6% | 33.3% | |
| Net margin | 27.1% | 27.6% | 28.0% | |
| Return on capital employed | 141.9% | 120.5% | 205.6% | |
| Current ratio | — | 2.09x | 1.67x |
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 SIGNAL LIMITED 2010-06-10 → present
- COVERISE LIMITED 2008-06-23 → 2010-06-10
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton
- 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 Company's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue.”
Significant events
- “On 27 January 2025 and 27 February 2025, the board of directors has declared and approved interim dividends amounting to £300,000 and £500,000, respectively, to be paid in cash to the members of the Company.”
- “In 2025, the United States government introduced additional tariffs on certain categories of imported goods, which could potentially impact global trade conditions and cross-border supply chains.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRIERSON, Douglas John | Director | 2015-04-30 | Aug 1964 | American |
| HEWITT, James | Director | 2026-02-16 | Aug 1975 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SOKOLOWSKI, Natalka | Secretary | 2008-07-16 | 2015-04-30 |
| JORDAN, Neil | Director | 2017-07-06 | 2018-09-06 |
| NOLAN, Simon Colin | Director | 2008-09-03 | 2015-04-30 |
| QUINN, Francis William | Director | 2015-04-30 | 2025-10-14 |
| WRIGLEY, Alan | Director | 2008-07-16 | 2017-07-06 |
| SDG REGISTRARS LIMITED | Corporate Director | 2008-06-23 | 2008-07-16 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 74 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-12 | AA | accounts | Accounts with accounts type full | |
| 2023-06-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-20 | AA | accounts | Accounts with accounts type full | |
| 2022-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-10 | AA | accounts | Accounts with accounts type full | |
| 2021-07-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-01-11 | AA | accounts | Accounts with accounts type small | |
| 2020-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-01-15 | AD01 | address | Change registered office address company with date old address new address | |
| 2019-09-12 | AA | accounts | Accounts with accounts type small | |
| 2019-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-09-26 | TM01 | officers | Termination director company with name termination date | |
| 2018-09-07 | AA | accounts | Accounts with accounts type small | |
| 2018-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.