Ocean Instruments Ltd

Ocean Instruments Ltd, based in Edinburgh, UK, is a small, active company established 18 years ago. With a single employee and £430,271 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports and exports optical and medical tools and devices, with 45 months of import activity and 15 months of export activity recorded. Its core business involves acting as agents specializing in the sale of other particular products.

The company’s website is currently unavailable, so it’s difficult to ascertain whether it operates an e-commerce platform or primarily relies on direct sales or partnerships. The lack of a website, however, doesn't necessarily indicate a lack of activity – it could simply reflect a business-to-business model with limited need for a public-facing online presence.

Financially, Ocean Instruments Ltd presents a mixed picture. Cash bank on hand has seen a significant increase of 260%, jumping to £140,000, which is a positive sign of improved liquidity. However, net current assets and liabilities have also increased by 200%, reaching £140,000, suggesting a growing need to manage short-term obligations. Creditors have increased substantially by 210%, reaching £290,000, which could indicate expanded credit terms or increased purchasing activity. Interestingly, trade debtors have also risen sharply, increasing by 370% to £280,000—perhaps reflecting delayed customer payments or a shift in credit policies. Equity, however, has seen a dramatic improvement, decreasing by only 11% to -£11,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the changes in debt levels warrant close monitoring. The company is exempt from an audit, so the financial statements are unaudited.

Registered in Scotland under the registration number SC318493, with a registered address at EH10 4LE, Edinburgh, 24 Hartington Place.

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