Ocean Signal Limited

Ocean Signal Ltd, based in Margate, UK, is a sizable company with an active status, having been established sixteen years ago. Employing fifty-one people, the company holds assets worth £9,427,910 and generates an annual revenue of £21,399,166. It operates a real address, has two directors, and, curiously, no listed owners. The business runs an e-commerce site and boasts a stellar 5.0 Google rating based on forty-four reviews. It’s a regular importer and exporter of electrical machinery and equipment, with a substantial history of activity—510 months of imports and 849 months of exports.

Ocean Signal specializes in the manufacture of communication equipment, particularly personal locator beacons (PLBs) and emergency position-indicating radio beacons (EPIRBs). Its website showcases a range of products, including the PLB3, EPIRB2, and rescueME series, all designed for maritime and land-based safety. The company emphasizes compact design, advanced features like AIS messaging and NFC connectivity, and reliable performance in emergency situations. The website also features survivor stories highlighting the life-saving capabilities of its products.

Financially, Ocean Signal appears to be in a mixed state. While accrued liabilities increased by 4.3%, suggesting a build-up of short-term obligations, intangible assets like copyrights and patents also saw a rise. Depreciation expenses for property and equipment increased slightly, and cash bank on hand improved by 20%. However, the company's administrative expenses remained stable. A significant increase in corporation tax payable—50%—could indicate a period of higher profitability, but also increased tax liabilities. The company's dividend policy is to pay interim dividends, with a total of £5,400,000 paid out in 2024. The lack of an auditor’s report mentioned suggests the company is exempt as a small company.

Overall, Ocean Signal Ltd seems to be a well-established player in the safety equipment market, maintaining a strong online presence and a loyal customer base. While the financial picture presents some challenges, the company’s focus on innovation and reliability positions it for continued success.

Registered in England/Wales under the registration number 06627101, with a registered address at CT9 4NN, England, Margate, Kent, Unit 4 Ocivan Way.

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