OCEANTEC MARINE LIMITED Financials
- Company number
- 05267259CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- Oceantec Marine Limited Grindon Way, Heighington Lane Business Park, Newton Aycliffe, Co Durham DL5 6SH
- Incorporated
- 22/10/2004
Company snapshot
- Status
- Active
- Employees
- 23 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
40.01%vs 20242024: £653.48K
Total Assets
51.33%vs 20242024: £950.64K
Cash in Bank
46.05%vs 20242024: £367.86K
Total Liabilities
26.00%vs 20242024: £202.36K
Employees
+7vs 20242024: 16
In 2025, OCEANTEC MARINE LIMITED reported net assets of £914.95K. The same filing shows total assets of £1.44M, cash in bank of £537.28K and total liabilities of £254.96K. Reported headcount was 23 in 2025. Total Assets rose from £950.64K in 2024 to £1.44M in 2025 (51.33%). 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
40.01%from £653.48K in 2024Year-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 OCEANTEC MARINE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+43.5%vs 2023+19.8% a year compound (CAGR)
Cash in Bank
+65.1%vs 2023+28.5% a year compound (CAGR)
Total Assets
+41.1%vs 2023+18.8% a year compound (CAGR)
Total Liabilities
+5.3%vs 2023+2.6% a year compound (CAGR)
Employees
+76.9%vs 2023+10Biggest increase
Employees+76.9%
13 in 2023 to 23 in 2025
Every indicator Okredo holds for OCEANTEC MARINE LIMITED rose between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, with net assets, cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from OCEANTEC MARINE 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
- 63.60%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
- 17.72%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
- 210.73%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
- 37.35%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 OCEANTEC MARINE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 536.56K | 507.10K | 637.43K | 653.48K | 914.95K |
| Total Assets£ | 982.38K | 969.15K | 1.02M | 950.64K | 1.44M |
| Cash in Bank£ | 337.14K | 215.97K | 325.44K | 367.86K | 537.28K |
| Total Liabilities£ | 209.59K | 273.37K | 242.22K | 202.36K | 254.96K |
| Employees | 13 | 10 | 13 | 16 | 23 |
OCEANTEC MARINE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for OCEANTEC MARINE LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
OCEANTEC MARINE LIMITED reported net assets of £914.95K for 2025. That compares with £653.48K in 2024, a change of 40.01%.
OCEANTEC MARINE LIMITED reported total assets of £1.44M for 2025. That compares with £950.64K in 2024, a change of 51.33%.
OCEANTEC MARINE LIMITED reported cash in bank of £537.28K for 2025. That compares with £367.86K in 2024, a change of 46.05%.
OCEANTEC MARINE LIMITED reported 23 employees in 2025, compared with 16 in 2024.
Between 2023 and 2025, OCEANTEC MARINE LIMITED's net assets rose by 43.5%, cash in bank rose by 65.1%, total assets rose by 41.1% and total liabilities rose by 5.3%. Net assets compounded at 19.8% a year across the two years to 2025, from £637.43K to £914.95K. Reported headcount went from 13 in 2023 to 23 in 2025 (+10).
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.