OCEAN SIGNAL LIMITED Financials
- Company number
- 06627101CopyCopy
- Registered office
- Unit 4 Ocivan Way, Margate, Kent CT9 4NN
- Incorporated
- 23/06/2008
Company snapshot
- Status
- Active
- Employees
- 61 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-31.16%vs 20232023: £6.15M
Total Assets
-16.22%vs 20232023: £11.60M
Cash in Bank
-48.75%vs 20232023: £1.06M
Total Liabilities
0.45%vs 20232023: £4.51M
Employees
+1vs 20232023: 60
In 2024, OCEAN SIGNAL LIMITED reported net assets of £4.24M. The same filing shows total assets of £9.72M, cash in bank of £542.56K and total liabilities of £4.53M. Reported headcount was 61 in 2024. Net Assets fell from £6.15M in 2023 to £4.24M in 2024 (-31.16%). Okredo holds filed figures for 2022–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-31.16%from £6.15M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures OCEAN SIGNAL LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-25.8%vs 2022-13.8% a year compound (CAGR)
Cash in Bank
-38.5%vs 2022-21.6% a year compound (CAGR)
Total Assets
-8.1%vs 2022-4.1% a year compound (CAGR)
Total Liabilities
+13.6%vs 2022+6.6% a year compound (CAGR)
Employees
+19.6%vs 2022+10Biggest increase
Employees+19.6%
51 in 2022 to 61 in 2024
Biggest decrease
Cash in Bank-38.5%
£882.42K in 2022 to £542.56K in 2024
OCEAN SIGNAL LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from OCEAN SIGNAL LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 43.58%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 46.64%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 11.97%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 5.58%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £429.25K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for OCEAN SIGNAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 5.71M | 6.15M | 4.24M |
| Total Assets£ | 10.57M | 11.60M | 9.72M |
| Cash in Bank£ | 882.42K | 1.06M | 542.56K |
| Total Liabilities£ | 3.99M | 4.51M | 4.53M |
| Employees | 51 | 60 | 61 |
OCEAN SIGNAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for OCEAN SIGNAL LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
OCEAN SIGNAL LIMITED reported net assets of £4.24M for 2024. That compares with £6.15M in 2023, a change of -31.16%.
OCEAN SIGNAL LIMITED reported total assets of £9.72M for 2024. That compares with £11.60M in 2023, a change of -16.22%.
OCEAN SIGNAL LIMITED reported cash in bank of £542.56K for 2024. That compares with £1.06M in 2023, a change of -48.75%.
OCEAN SIGNAL LIMITED reported 61 employees in 2024, compared with 60 in 2023.
Between 2022 and 2024, OCEAN SIGNAL LIMITED's net assets fell by 25.8%, cash in bank fell by 38.5%, total assets fell by 8.1% and total liabilities rose by 13.6%. Net assets contracted at 13.8% a year across the two years to 2024, from £5.71M to £4.24M. Reported headcount went from 51 in 2022 to 61 in 2024 (+10).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.