Oceanus Swim Limited

Oceanus Swim Ltd, based in London, UK, is a small, active company founded seven years ago in 2017. With two employees and £940,042 in assets, it operates as a solo-founded e-commerce business with a real address. The company is led by one director and owner, regularly exporting clothing and accessories (excluding knitted or crocheted items) for the past four months.

The company's website, Oceanus Swimwear, showcases a wide range of premium swimwear, dresses, and accessories, catering to a global audience. It features collaborations with designer Daphne Groeneveld and offers a variety of styles, from bikinis and swimsuits to partywear and interior décor items. The site emphasizes high-quality materials, unique designs, and worldwide delivery.

Financially, Oceanus Swim Ltd presents a mixed picture. Cash reserves have dramatically increased by 670%, reaching £720,000, a very positive sign. However, net assets still sit at -£430,000, a significant loss. Bank borrowings have also increased, rising to £5,500. Creditors decreased by 33%, suggesting improved debt management. The company’s small size (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the large net loss raises concerns. The unaudited figures, as the company is exempt from an audit, rely on director-reported data.

The surge in cash reserves suggests a period of increased sales or investment, but the ongoing losses indicate a need for careful cost management. The company's focus on premium products and collaborations may be driving revenue, but it’s important to monitor the balance between sales and expenses.

Registered in England/Wales under the registration number 11097676, with a registered address at W1F 7RU, United Kingdom, London, Carnaby, 8 Newburgh Street.

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