Ocean Ray Ltd
Registered name: OCEAN RAY LTD
Ocean Ray Ltd made £22.7k revenue and a £103 loss in the year to 31 Aug 2025.
Ocean Ray Ltd’s revenue fell 42% to £22.7k in the year to 31 Aug 2025, with a loss of £103 and 0 employees. The company is classified under “wholesale of clothing and footwear” and is based in Carshalton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Carshalton, London
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £26.4k | £24.6k | £38.9k | £22.7k |
| Profit after tax | £964 | −£1.3k | −£589 | −£103 |
| Profit (best available) | £964 | −£1.3k | −£589 | −£103 |
| Employees (average) | — | 0 | 1 | 0 |
| Ratios | ||||
| Profit margin | 3.6% | −5.2% | −1.5% | −0.4% |
| Revenue per employee | — | — | £38.9k | — |
| Profit per employee | — | — | −£589 | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼6.8% | ▲57.9% | ▼41.5% |
| Profit growth | — | ▼233% | — | — |
| Headcount growth | — | — | — | ▼100% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£383 | −£701 | −£560 | −£660 |
| Fixed assets | £83 | £83 | £83 | £83 |
| Current assets | £25.9k | £30.9k | £36k | £15.6k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- −0.4%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- 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.
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 −£660
- Cash at bank
- —
- Now —
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £83
Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit −£103), from the Companies House accounts bulk data published Mar 2026. 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.