Ocean Work Systems Limited
- Active
- Small
- 21 years
- 6 employees
- £3,086,605 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Real address
- 3 directors
- 2 owners
- Family business
- Westhill
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Ocean Work Systems Ltd, based in Westhill, UK, is a small, active family business established twenty years ago. Employing six people, the company holds £3,156,950 in assets and operates from a real address. With three directors and two owners, it's a tight-knit operation. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 5 months of import activity recorded, and exports electrical machinery and equipment, with 16 months of export activity.
The company’s website highlights its role as a provider of equipment rental and personnel services to the subsea sector of the oil and gas industry. Since starting operations in May 2009, it has recorded over a million hours with no lost time incidents, a point of considerable pride. The company has 120 offshore personnel and operates from the South Fornet Business Centre. It’s clear the business is focused on marine recruitment, with a strong emphasis on safety and reliability.
Financially, Ocean Work Systems Ltd presents a mixed picture. Cash bank holdings increased significantly by 35%, reaching £1,300,000, and current assets rose by 44% to £3,200,000. However, creditors have increased considerably, rising by 100% to £1,400,000. Trade debtors also increased by 48% to £1,800,000. Equity increased by 10% to £2,800,000. These figures suggest the company is growing, but also taking on more debt. 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 be flexible, but the rise in debt should be monitored. The company is exempt from audit as a small company, so the financial information is unaudited.
Registered in Scotland under the registration number SC279560, with a registered address at AB32 7BS, Westhill, Terryvale House, Dunecht.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 21 years
- 1
-
Resident of United Kingdom
-
Individual
- 21 years
-
Resident of United Kingdom
-
Individual
- 21 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted twenty one days ago.
Last news
-
Confirmation statement made on 2026-02-07 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2025-02-28Download 7 pages pdf report
-
Confirmation statement made on 2025-02-07 with no updatesDownload 3 pages pdf report
Ocean Work Systems Limited controls
Owns & Controls
-
Corporate
- 5 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Ocean Work Systems Limited
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