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OCEAN VETS LTD Financials

Company number
10208162Copy
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Registered office
303 Goring Road, Worthing, West Sussex BN12 4NX
Incorporated
31/05/2016

Company snapshot

Status
Active
Employees
12 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£622.36K2025
106.45%vs 2024

2024: £301.46K

Total Assets

£2.32M2025
232.14%vs 2024

2024: £698.67K

Cash in Bank

£35.70K2025
74.02%vs 2024

2024: £20.51K

Total Liabilities

£1.53M2025
575.53%vs 2024

2024: £226.37K

Employees

122025
0vs 2024

2024: 12

In 2025, OCEAN VETS LTD reported net assets of £622.36K. The same filing shows total assets of £2.32M, cash in bank of £35.70K and total liabilities of £1.53M. Reported headcount was 12 in 2025. Total Assets rose from £698.67K in 2024 to £2.32M in 2025 (232.14%). Okredo holds filed figures for 2021–2025; 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

£622.36K2025
106.45%from £301.46K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures OCEAN VETS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£152.49K2023£622.36K2025
+308%vs 2023

+102% a year compound (CAGR)

Cash in Bank

£26.07K2023£35.70K2025
+36.9%vs 2023

+17% a year compound (CAGR)

Total Assets

£576.70K2023£2.32M2025
+302%vs 2023

+101% a year compound (CAGR)

Total Liabilities

£384.65K2023£1.53M2025
+298%vs 2023

+99.4% a year compound (CAGR)

Employees

142023122025
-14.3%vs 2023-2

Biggest increase

Net Assets+308%

£152.49K in 2023 to £622.36K in 2025

Biggest decrease

Employees-14.3%

14 in 2023 to 12 in 2025

OCEAN VETS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from OCEAN VETS LTD'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
26.82%2025

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
65.90%2025

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
2.33%2025

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
1.54%2025

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for OCEAN VETS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£168.12K121.76K152.49K301.46K622.36K
Total Assets£491.13K–576.70K698.67K2.32M
Cash in Bank£116.69K102.79K26.07K20.51K35.70K
Total Liabilities£274.68K–384.65K226.37K1.53M
Employees1516141212

OCEAN VETS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has OCEAN VETS LTD filed financial statements?

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Yes. Okredo holds filed figures for OCEAN VETS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did OCEAN VETS LTD report in 2025?

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OCEAN VETS LTD reported net assets of £622.36K for 2025. That compares with £301.46K in 2024, a change of 106.45%.

What total assets did OCEAN VETS LTD report in 2025?

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OCEAN VETS LTD reported total assets of £2.32M for 2025. That compares with £698.67K in 2024, a change of 232.14%.

What cash in bank did OCEAN VETS LTD report in 2025?

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OCEAN VETS LTD reported cash in bank of £35.70K for 2025. That compares with £20.51K in 2024, a change of 74.02%.

How many people does OCEAN VETS LTD employ?

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OCEAN VETS LTD reported 12 employees in 2025, compared with 12 in 2024.

How have OCEAN VETS LTD financials changed over the last 3 years?

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Between 2023 and 2025, OCEAN VETS LTD's net assets rose by 308%, cash in bank rose by 36.9%, total assets rose by 302% and total liabilities rose by 298%. Net assets compounded at 102% a year across the two years to 2025, from £152.49K to £622.36K. Reported headcount went from 14 in 2023 to 12 in 2025 (-2).

Which years of OCEAN VETS LTD financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.