The Ocean Bottle Ltd

The Ocean Bottle Ltd, a small and active company based in London, UK, was founded seven years ago in 2018. With 33 employees and £7,193,512 in assets, it operates from a real address and is led by four directors and two owners. The company regularly imports and exports miscellaneous manufactured goods, with 6 months of import activity and 10 months of export activity recorded.

The Ocean Bottle’s website showcases a range of reusable water bottles and accessories, marketed as a sustainable solution to plastic waste. It’s clearly an e-commerce business, with a clean, modern design and a focus on product categories like water bottles, cups, flasks, and bundles. The site also highlights its commitment to environmental impact, partnering with organizations to collect ocean-bound plastic. They offer worldwide shipping and even have a section for corporate wholesale collaborations.

Financially, The Ocean Bottle Ltd shows some concerning trends. While cash bank on hand decreased by 6.4% to £2,400,000, bank borrowings have decreased by 36% to £120,000. Creditors increased significantly by 14% to £3,500,000, and net assets dropped by 31% to £3,600,000. A notable increase in trade debtors by 54% to £2,500,000 could indicate delayed payments or expanded credit terms. The company’s small size—meeting two of three criteria for being classified as small—helps with agility, but the decline in equity is a point to watch. The accounts are unaudited, a common exemption for small companies, and there’s no auditor mentioned.

Overall, The Ocean Bottle Ltd appears to be a growing e-commerce business with a strong environmental mission, but the recent financial data suggests it’s facing some challenges. It will be interesting to see how it navigates these pressures and continues to grow its sustainable brand.

Registered in England/Wales under the registration number 11235061, with a registered address at EC2A 4AA, England, London, 3rd Floor, 39 Tabernacle Street.

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