How much does Ocean Wide Logistics UK Ltd make?

Ocean Wide Logistics UK Ltd reported revenue of £2.1m and a loss of £225k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Ocean Wide Logistics UK Ltd have?

Ocean Wide Logistics UK Ltd reported an average of 3 employees in the year to 31 Dec 2024.

Is Ocean Wide Logistics UK Ltd profitable?

No — Ocean Wide Logistics UK Ltd reported a loss of £225k in the year to 31 Dec 2024.

Company No. 13444811 · Incorporated 8 Jun 2021

Ocean Wide Logistics UK Ltd

Registered name: OCEAN WIDE LOGISTICS UK LTD

Ocean Wide Logistics UK Ltd made £2.1m revenue and a £225k loss in the year to 31 Dec 2024. read from filing text

Ocean Wide Logistics UK Ltd’s revenue was £2.1m in the year to 31 Dec 2024, with a loss of £225k and 3 employees. The company is classified under “sea and coastal freight water transport” and is based in Daventry; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 50200Sea and coastal freight water transport SIC 51210Freight air transport

Status: Active
Location: Daventry, East Midlands
Age: 5 yrs · since 2021
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentSmall teamCapital-light

Revenue

£2.1m

Growth —

Profit

−£225k

Growth —

Profit margin

−10.8%

Gross 12.1%

Employees

Change —

Profit / employee

−£75k

Revenue/employee £695k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£11.8m	£2.1m
Cost of sales	£11.1m	£1.8m
Gross profit	£717k	£252k
Profit before tax	£300k	−£225k
Profit after tax	£250k	−£225k
Profit (best available)	£250k	−£225k
Employees (average)	2	3
Ratios
Profit margin	2.1%	−10.8%
Gross margin	6.1%	12.1%
Revenue per employee	£5.9m	£695k
Profit per employee	£125k	−£75k
Balance sheet — indirect signals, not revenue
Cash at bank	£726k	£58.5k
Net assets	£244k	£19.4k
Fixed assets	£6.5k	£6k
Current assets	£2.1m	£791k
Debtors	£381k	£445k
Source	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −10.8%; Profit ÷ revenue.
Gross margin: 12.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £695k; Revenue ÷ average employees.
Profit per employee: −£75k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.3%; 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 £19.4k
Cash at bank: —; Now £58.5k
Headcount: —; Now 3
Deferred income: —; Now —
Fixed assets: —; Now £6k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£225k), from the Companies House accounts bulk data published Dec 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.