OCEAN HOLIDAYS LIMITED
Get an alert when OCEAN HOLIDAYS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£3M
-68.8% vs 2024
Net assets
-£17M
+27.2% vs 2024
Employees
187
+6.9% highest in 6 filed years
Profit before tax
£7.3M
+390.7% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-04-30
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2024-04-30 | 2025-04-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £99,958,216 | £74,111,394 | -25.9% | |
| Operating profit | — | — | — | — | -£1,238,814 | £8,441,821 | +781.4% | |
| Profit before tax | — | — | — | — | -£2,523,268 | £7,335,499 | +390.7% | |
| Net profit | -£430,383 | -£943,742 | -£7,624,672 | £5,982,377 | -£2,523,268 | £6,168,535 | +344.5% | |
| Cash | £1,543,905 | £6,197,171 | £7,907,282 | £1,971,950 | £9,558,086 | £2,982,618 | -68.8% | |
| Total assets less current liabilities | £104,358 | £13,622,324 | -£19,514,004 | -£17,654,385 | -£9,514,794 | -£2,141,913 | +77.5% | |
| Net assets | — | -£1,359,384 | -£27,260,882 | -£21,278,505 | -£22,672,974 | -£16,504,439 | +27.2% | |
| Equity | £104,358 | -£1,359,384 | -£27,260,882 | -£21,278,505 | -£22,672,974 | -£16,504,439 | +27.2% | |
| Average employees | 172 | 129 | 129 | 143 | 175 | 187 | +6.9% | |
| Wages | — | — | — | — | £9,432,236 | £6,849,246 | -27.4% | |
| Directors' remuneration | — | — | — | — | £726,029 | £965,980 | +33% |
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -1.2% | 11.4% | |
| Net margin | — | — | — | — | -2.5% | 8.3% | |
| Current ratio | — | — | — | — | 0.68x | 0.88x | |
| Interest cover | — | — | — | — | -0.95x | 7.49x |
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
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- White Hart Associates (London) Limited
- 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's or the 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
- OCEAN HOLIDAYS LIMITED · parent
- Ocean Flights Limited 100%
Significant events
- “On 11 December 2024, the Group implemented a change to the regulatory framework under which it sells package holidays, transitioning to a third-party ATOL structure as a member of the Hays Travel Independence Group, under which the Group sells package holidays.”
- “Following the year end, the Company undertook a restructuring of its capital and debt position in order to strengthen its balance sheet and liquidity. In June 2025, Hays Travel Limited acquired a 35% equity interest in the Company.”
- “The proceeds of the investment were used to repay in full the Company's outstanding convertible loan notes, which were due to mature in 2026, and to provide additional working capital to support the ongoing operations of the business.”
- “On 12th June 2025 Hays Travel Limited took a 35% equity stake in Ocean Holidays Limited.”
- “The total other loans balance of £9,384,945 outstanding as at 30 April 2025 was fully repaid subsequesnt to the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAMPLING, Kenneth Peter | Director | 2025-06-12 | May 1963 | British |
| HASTINGS, George Hardie | Director | 2013-06-18 | May 1977 | British |
| HASTINGS, Harry Rawson | Director | 2013-06-18 | Feb 1983 | British |
| OX, Daniel James | Director | 2013-06-18 | Nov 1979 | British |
| OX, David John | Director | 2013-06-18 | Sep 1978 | British |
| WOODALL-JOHNSTON, Jonathon Robert | Director | 2025-06-12 | Jun 1988 | British |
Ownership
Persons with significant control
Filing timeline
Last 20 of 49 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-01 RESOLUTIONS Resolution
- 2025-07-01 MA Memorandum articles
- 2023-10-04 RESOLUTIONS Resolution
- 2023-10-04 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-04 | SH01 | capital | Capital allotment shares | |
| 2026-01-26 | AA | accounts | Accounts with accounts type group | |
| 2025-07-01 | SH08 | capital | Capital name of class of shares | |
| 2025-07-01 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-01 | MA | incorporation | Memorandum articles | |
| 2025-06-26 | SH01 | capital | Capital allotment shares | |
| 2025-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-10 | CH01 | officers | Change person director company with change date | |
| 2025-06-10 | CH01 | officers | Change person director company with change date | |
| 2025-06-10 | CH01 | officers | Change person director company with change date | |
| 2025-06-10 | CH01 | officers | Change person director company with change date | |
| 2025-04-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-16 | AA | accounts | Accounts with accounts type group | |
| 2024-07-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-10 | AA01 | accounts | Change account reference date company previous extended | |
| 2023-10-04 | SH02 | capital | Capital alter shares subdivision | |
| 2023-10-04 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-04 | MA | incorporation | Memorandum articles |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 3
- 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.