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Company No. 08038055 · Incorporated 19 Apr 2012

Ocean Bidco Limited

Registered name: OCEAN BIDCO LIMITED

Part of Atoll Midco Ltd group

Ocean Bidco Limited made £198m revenue and £26.2m profit in the year to 31 Dec 2025.

Ocean Bidco Limited’s revenue grew 5% to £198m in the year to 31 Dec 2025, with £26.2m profit and 314 employees. The company is classified under “advertising agencies” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 73110Advertising agencies
Status
Active
Location
London, London
Age
14 yrs · since 2012
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.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue
£198m
Growth ▲5%
Profit
£26.2m
Growth ▼9.6%
Profit margin
13.3%
Gross 41.4%
Employees
314
Change ▲9.4%
Profit / employee
£83.6k
Revenue/employee £629k
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£173m£188m£198m
Cost of sales−£106m−£113m−£116m
Gross profit£67.4m£75.4m£81.7m
Operating profit£18.7m£23.6m£31.6m
Profit before tax£18.8m£34.3m£32.2m
Profit after tax£16.2m£29m£26.2m
Profit (best available)£16.2m£29m£26.2m
Employees (average)259287314
Ratios
Profit margin9.3%15.4%13.3%
Gross margin38.9%40.1%41.4%
Revenue per employee£669k£655k£629k
Profit per employee£62.6k£101k£83.6k
Growth (year on year)
Revenue growth—▲8.5%▲5%
Profit growth—▲79.1%▼9.6%
Headcount growth—▲10.8%▲9.4%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Sep 2025Accounts · bulk data Sep 2025Accounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
13.3%
Profit ÷ revenue.
Gross margin
41.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£629k
Revenue ÷ average employees.
Profit per employee
£83.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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 —
Cash at bank
—
Now —
Headcount
▲9%
Now 314
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Atoll Midco Ltdultimate parent75–100%
  2. Atoll Debtco Ltd75–100%
  3. Ocean Bidco Limitedthis company

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

Subsidiaries (2)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 Dec 2025 (profit £26.2m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

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