Ocean of Passion Ltd
Registered name: OCEAN OF PASSION LTD
Ocean of Passion Ltd made £1.2k revenue and a £14.8k loss in the year to 31 May 2025.
Ocean of Passion Ltd’s revenue fell 82% to £1.2k in the year to 31 May 2025, with a loss of £14.8k and 2 employees. The company is classified under “other business support service activities” and is based in Hull; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Hull, Yorkshire and The Humber
- Age
- 10 yrs · since 2016
- 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 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £6k | £6.7k | £1.2k |
| Profit after tax | −£762 | −£10.8k | −£14.8k |
| Profit (best available) | −£762 | −£10.8k | −£14.8k |
| Staff costs | £6.8k | £17.5k | £16k |
| Employees (average) | — | 2 | 2 |
| Ratios | |||
| Profit margin | −12.6% | −161.2% | −1226% |
| Revenue per employee | — | £3.3k | £604 |
| Profit per employee | — | −£5.4k | −£7.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▲10.7% | ▼82% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £1.6k | −£8.4k | −£12.4k |
| Fixed assets | £0 | £0 | £0 |
| Current assets | £2.4k | £2.4k | £2.4k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −1226%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £604
- Revenue ÷ average employees.
- Profit per employee
- −£7.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- 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 −£12.4k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit −£14.8k), from the Companies House accounts bulk data published Feb 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.