Oceanis Group Ltd

Oceanis Group Ltd, based in Wickford, UK, is a small holding company with an active status, established nineteen years ago in 2006. The company employs eight people and holds assets totaling £1,195,203. It operates from a virtual address, registered at 1 Sopwith Crescent, SS11 8YU, which is shared by forty-two other companies, suggesting a business hub. Two directors and two owners manage the business, though the owner list isn’s exhaustive. Oceanis Group Ltd is a regular importer, specializing in stone, plaster, cement, and similar material products, with a history of importing spanning sixteen months, the last operation occurring in February 2023.

The company’s activities encompass a diverse range of industries, including other building completion and finishing, specialised construction activities, non-specialised wholesale trade, and the letting and operating of real estate. While a website isn’t available to analyze, it’s clear the company operates as a holding company, owning Pisani Limited, Inside Digital Limited, and Medusa Stone Limited.

Financially, Oceanis Group Ltd presents a mixed picture. Current assets decreased by 5.2% to £1,200,000, while net assets increased by 8.2% to £910,000. Bank borrowings remained stable at £1,100,000, and cash reserves grew slightly to £67,000. However, trade debtors surged by 380% to £1,000,000, indicating potential issues with customer payments. Creditors also increased by 2.8% to £980,000. 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. The lack of an auditor mentioned likely means the accounts are unaudited.

The increase in trade debtors is something to keep an eye on, as it could signal cash flow pressures. Overall, Oceanis Group Ltd appears to be stable, but the rising debt levels warrant closer monitoring.

Registered in England/Wales under the registration number 05689206, with a registered address at SS11 8YU, Wickford, Essex, 1 Sopwith Crescent.

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