Ocean Ppe Services Limited

Ocean Ppe Services Limited, based in Southport, UK, is a small, active company established eleven years ago in 2014. It employs just one person and holds £169,431 in assets, operating from a real address. With a single director and owner, Ward Nicholas John, the company’s activities are focused on renting and leasing machinery, equipment, and tangible goods. It’s a relatively quiet importer, bringing in miscellaneous metal items for just one month as of 2021, but it’s a regular exporter, specializing in textile products, used clothing, and rags, with five months of export activity recorded up to June 2022.

The company’s website doesn’t offer much insight into its operations beyond its core business. It seems to be a straightforward rental agency, likely serving local businesses and individuals. There’s no obvious e-commerce presence or complex online sales platform.

Financially, Ocean Ppe Services Limited presents a mixed picture. While cash reserves have doubled to £110,000, trade debtors have fallen by a significant 23% to £51,000. Equity has also seen a healthy increase of 30%, reaching £300,000, suggesting improved profitability. However, other inventories have decreased by 34%, and net losses have increased. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, which is typical for a small, exempt company.

Overall, Ocean Ppe Services Limited appears to be financially stable, with growing equity and healthy cash reserves. The decrease in debtors could indicate improved collection practices, but the drop in inventories is something to keep an eye on. The company’s long-standing presence and simple business model suggest a sustainable, if not spectacular, operation.

Registered in England/Wales under the registration number 08970305, with a registered address at PR8 4TE, England, Southport, 20 Crosby Road.

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