How much does Ocean Trailers Limited make?

Ocean Trailers Limited reported revenue of £2.7m and £19.8k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Ocean Trailers Limited have?

Ocean Trailers Limited reported an average of 10 employees in the year to 31 Dec 2023.

Is Ocean Trailers Limited profitable?

Yes — Ocean Trailers Limited reported a profit of £19.8k in the year to 31 Dec 2023.

Company No. 02484583 · Incorporated 23 Mar 1990

Ocean Trailers Limited

Registered name: OCEAN TRAILERS LIMITED

Part of Turners (Soham) Holdings Limited group

Ocean Trailers Limited made £2.7m revenue and £19.8k profit in the year to 31 Dec 2023. read from filing text

Ocean Trailers Limited’s revenue was £2.7m in the year to 31 Dec 2023, with £19.8k profit and 10 employees. The company is classified under “freight transport by road” and is based in Iver; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road

Status: Active
Location: Iver, South East
Age: 36 yrs · since 1990
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company is a 100% owned subsidiary of Turner (Soham) Limited, which is a 100% subsidiary of Turner (Soham) Holdings Limited. Both companies are incorporated in England and Wales. Copies of the acc”

Latest accounts · year to 31 Dec 2023

Key figures

Boring industry

Revenue

£2.7m

Growth —

Profit

£19.8k

Growth —

Profit margin

0.7%

Gross 10.3%

Employees

Change —

Profit / employee

£2k

Revenue/employee £270k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£1.7m	£2.7m
Cost of sales	£1.4m	£2.4m
Gross profit	£219k	£280k
Operating profit	£19.9k	£28.9k
Profit before tax	£18.3k	£35.5k
Profit after tax	£12.5k	£19.8k
Profit (best available)	£12.5k	£19.8k
Employees (average)	9	10
Ratios
Profit margin	0.8%	0.7%
Gross margin	13.2%	10.3%
Revenue per employee	£183k	£270k
Profit per employee	£1.4k	£2k
Balance sheet — indirect signals, not revenue
Cash at bank	£535k	£343k
Net assets	£901k	£921k
Fixed assets	£340k	£271k
Current assets	£860k	£997k
Debtors	£297k	£393k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 0.7%; Profit ÷ revenue.
Gross margin: 10.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £270k; Revenue ÷ average employees.
Profit per employee: £2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.5%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now £921k
Cash at bank: —; Now £343k
Headcount: —; Now 10
Deferred income: —; Now —
Fixed assets: —; Now £271k

Corporate ownership

Group structure

Ownership chain

Turners (Soham) Holdings Limitedultimate parent75–100%
Turners (Soham) Limited75–100%
Ocean Trailers Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (13)

Logistic Planning Services LimitedRev. £36.6m · Profit £2.3m
Dowse Haulage LimitedRev. £16m · Profit £2.7m
Lynn Star Distribution & Logistics LimitedRev. £6.4m · Profit £370k
Browns Chilled Distribution LimitedFigures not disclosed
DRS Logistics LimitedFigures not disclosed
Goldstar Transport Holdings LimitedFigures not disclosed
Jack Richards Holdings LimitedFigures not disclosed
M & H Haulage LimitedFigures not disclosed
Macintyre Transport LimitedFigures not disclosed
MKT Logistics LimitedFigures not disclosed
R & R Haulage LimitedFigures not disclosed
SPR Trailer Services LimitedFigures not disclosed
Turners (Soham) Service Company LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £19.8k), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.