OCEAN KINETICS LIMITEDActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the accountsDividends paid in the financial year: £412,500 (41% of the profit for the year).
Filed accounts2020–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Turnover | 12,557,936 | 12,598,468 | 17,252,607 | 19,908,710 | 20,940,333 |
| Profit for the year | 2,197,725 | 1,586,697 | 2,086,423 | 1,792,152 | 1,008,140 |
| Cash at bank and in hand | 131,973 | 13,464 | 193,898 | 1,637,819 | 15,516 |
| Total assets | 5,461,600 | 12,469,771 | 15,052,299 | 18,323,903 | 20,188,941 |
| Total liabilities | — | — | — | — | — |
| Net assets / total equity | 5,914,237 | 6,626,934 | 8,388,357 | 9,627,009 | 10,222,649 |
| Average number of employees | 68 | 74 | 80 | 86 | 82 |
| Average pay (per year) | 49,182 | 50,371 | 51,691 | 56,212 | 58,010 |
| Dividends paid | 388,100 | 874,000 | 325,000 | 553,500 | 412,500 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Principal activity
Accounts 2025The principal activity of the company in the year under review was that of the provision of engineering and fabrication services.
As described in the company's latest filed accounts.
Summary: OCEAN KINETICS LIMITED
Company
OCEAN KINETICS LIMITED is a private limited company registered with Companies House under company number SC171923. It was incorporated on 30 Jan 1997. Its status is active. The registered office is in Shetland (ZE1). Its nature of business (SIC 2007) is manufacture of metal structures and parts of structures (25110).
Accounts
The latest accounts in the database are for 2025 (period ending 31 Dec 2025); the company files medium company accounts. Turnover was £20,940,333. Profit for the year was £1,008,140. Net assets were £10,222,649, up 6.2% on the previous year. Cash at bank and in hand was £15,516. The company had an average of 82 employees. Figures are available for 6 financial years (2020–2025).
Control and charges
One person with significant control is registered. 13 of 16 registered charges are outstanding.
Filing deadlines
The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 5 Jun 2027.