Ocean Science Consulting Ltd

Ocean Science Consulting Ltd, based in Edinburgh, UK, is a small, active company founded eighteen years ago in 2007. Employing twenty people and holding assets of £1,344,882, it operates from a virtual address, a fact that’s a little unusual given that ten companies are registered at the same location. The company is a family business, overseen by four directors and two owners. It’s a bit of a specialist, irregularly importing and exporting optical and medical tools and devices—just one month of imports and two months of exports recorded.

The company’s website reveals it’s a Mediterranean branch of a larger global consultancy, OSC Ltd, specializing in marine mammal detection and noise risk mitigation for offshore industries. It benefits from its parent company’s reputation and experience, offering services to windfarms, decommissioning projects, and seismic surveys. OSCGR even invests heavily in scientific research and development, allocating around 80% of its profits, and has published a comprehensive handbook on marine mammal observation and passive acoustic monitoring. It’s a real global operation, with offices in Greece, New Zealand, and the UK.

Financially, Ocean Science Consulting Ltd’s numbers present a mixed picture. Current assets have fallen by a significant 37%, dropping to £1.1 million, while net assets have also decreased by 16%, settling at £3.2 million. Bank borrowings have increased by a considerable 72%, reaching £240,000, and cash reserves have fallen 6%, settling at £980,000. Creditors have increased by 72%, suggesting a need to manage debt more closely. 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 for flexibility, but the decline in equity warrants attention. The accounts are unaudited, a common exemption for small companies, so the figures rely on internal reporting.

Registered in Scotland under the registration number SC318365, with a registered address at EH7 4HG, Scotland, Edinburgh, 6 Logie Mill.

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