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Company No. 11353298 · Incorporated 10 May 2018

Ocl London Limited

Registered name: OCL LONDON LIMITED

Part of Ocl Vision Group Ltd group

Ocl London Limited made £10m revenue and a £207k loss in the year to 30 Nov 2024. read from filing text

Ocl London Limited’s revenue fell 10% to £10m in the year to 30 Nov 2024, with a loss of £207k and 57 employees. The company is classified under “specialists medical practice activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86220Specialists medical practice activities
Status
Active
Location
London, London
Age
8 yrs · since 2018
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 ultimate parent company is OCL Vision Group Limited, which is incorporated in England and Wales.”

Latest accounts · year to 30 Nov 2024

Key figures

Revenue
£10m
Growth ▼10.4%
Profit
−£207k
Growth ▼125.1%
Profit margin
−2.1%
Gross 50.1%
Employees
57
Change ▲11.8%
Profit / employee
−£3.6k
Revenue/employee £175k
Profitable streak
0yrs
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 to28 Nov 202230 Nov 202330 Nov 2024
DisclosureProfit onlyFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)—£11.1m£10m
Cost of sales£3.4m£3.4m£5m
Gross profit—£5.8m£5m
Operating profit—£559k−£251k
Profit before tax—£571k−£250k
Profit after tax£3.1m£824k−£207k
Profit (best available)£3.1m£824k−£207k
Staff costs£1.6m£3.8m£3.5m
Employees (average)505157
Ratios
Profit margin—7.4%−2.1%
Gross margin—51.6%50.1%
Revenue per employee—£219k£175k
Profit per employee£62.8k£16.1k−£3.6k
Cash conversion—−0.1%—
Growth (year on year)
Revenue growth——▼10.4%
Profit growth—▼73.8%▼125.1%
Headcount growth—▲2%▲11.8%
Balance sheet — indirect signals, not revenue
Cash at bank£1.8m£932k£1.2m
Net assets£3.6m£4.1m£3.9m
Fixed assets£4.6m£2.9m£2.4m
Current assets£3.1m£4.5m£4.8m
Debtors£924k£1m£493k
Deferred income£954k£436k£498k
Cash from operations−£5.2m−£744—
SourceFullAccounts · bulk data Nov 2024FullAccounts · bulk data Nov 2024FullAccounts · bulk data Aug 2025
Derived from the latest filing

How the business works

Profit margin
−2.1%
Profit ÷ revenue.
Gross margin
50.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£175k
Revenue ÷ average employees.
Profit per employee
−£3.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
23.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
4.9%
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
▼5%
Now £3.9m
Cash at bank
▲25%
Now £1.2m
Headcount
▲12%
Now 57
Deferred income
▲14%
Now £498k
Fixed assets
▼18%
Now £2.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Ocl Vision Group Ltdultimate parent75–100%
  2. Ocl London Limitedthis company

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

Subsidiaries (2)

Sister companies (2)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 30 Nov 2024 (profit −£207k), from the Companies House accounts bulk data published Aug 2025. 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.