Ocean Global Limited

Ocean Conservation Trust, based in Plymouth, UK, is a small, active charity founded nineteen years ago in 2005. With £771,974 in assets and a real registered address, it employs seventeen people and is overseen by two directors. The organization has a strong Google rating of 4.0 based on five reviews. It's an irregular importer, with its top import category being furniture, lighting, and prefabricated buildings, totaling one month of imports, the last in 2017.

The charity's website showcases a broad range of initiatives focused on ocean conservation. It operates an aquarium, conducts research, engages in advocacy, and provides educational programs. A key focus is seagrass restoration, with programs like "Blue Meadows" and the "Recreation ReMEDIES" project. The website also highlights its work with Chelsea Flower Show, demonstrating a commitment to raising awareness through public events. It’s clear that the organization’s primary focus is on connecting people with the ocean and promoting sustainable practices.

Financially, Ocean Conservation Trust shows a mixed picture. Current assets decreased by 4.1% to £770,000, while net assets increased by 20% to £390,000. Bank borrowings decreased significantly by 63%, reaching £23,000, and cash reserves increased by 15% to £25,000. Creditors also decreased by 63%, suggesting improved debt management. However, other creditors increased dramatically by 700%, reaching £22,000, which could be a cause for concern. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the increase in other creditors warrants closer attention. The accounts were compiled by Husco & Associates and are exempt from audit. Overall, while the charity appears financially stable, it’s important to monitor the rise in other creditors and ensure sustainable funding for its ambitious conservation efforts.

Registered in England/Wales under the registration number 05512348, with a registered address at E17 8NS, Walthamstow, Unit 7 81-83 Lennox Road, London.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.