OCEAN FARM SERVICES LTD
Get an alert when OCEAN FARM SERVICES LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£1.5M
-23.4% vs 2024
Net assets
£7.2M
+40.1% vs 2024
Employees
65
-1.5% vs 2024
Profit before tax
-£42K
-101.4% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £12,353,111 | £9,983,183 | -19.2% | |
| Operating profit | £4,957,697 | £1,206,270 | -75.7% | |
| Profit before tax | £3,088,946 | -£42,332 | -101.4% | |
| Net profit | £2,371,999 | -£40,899 | -101.7% | |
| Cash | £1,913,082 | £1,465,002 | -23.4% | |
| Total assets less current liabilities | £23,382,792 | £31,401,827 | +34.3% | |
| Net assets | £5,104,190 | £7,151,355 | +40.1% | |
| Equity | £5,104,190 | £7,151,355 | +40.1% | |
| Average employees | 66 | 65 | -1.5% | |
| Wages | £3,180,853 | £3,091,046 | -2.8% | |
| Directors' remuneration | £193,000 | £30,880 | -84% |
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 40.1% | 12.1% | |
| Net margin | 19.2% | -0.4% | |
| Return on capital employed | 21.2% | 3.8% | |
| Current ratio | 0.59x | 2.12x | |
| Interest cover | 2.65x | 0.95x |
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
- Standalone (parent only)
- Auditor
- PFS & Partners Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 when the financial statements are authorised for issue.”
Significant events
- “In 2025, we purchased 4 new stealths at a cost of £975,000. These were all up and running Spring 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. 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 76 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-22 | AA | accounts | Accounts with accounts type full | |
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- 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.