Ocean Kinetics Limited
ActiveSC171923ManufacturingIncorporated 30 Jan 1997 · Shetland
The principal activity of the company in the year under review was that of the provision of engineering and fabrication services.
Revenue
£20.9m
▲ +5.2% vs prior ~12m period
Profit after tax
£1.0m
Margin 6.9%
Employees
82
▼ -4.7% vs prior ~12m period
Net assets
£10.2m
Total assets £20.2m
Financial history
Revenue by accounting period
7 periods available · ▲ growth ▼ decline
Dec 2019Not available
Dec 2020
£10.5m
Dec 2021
£12.6m▲ +19.9%
Dec 2022
£12.6m▲ +0.3%
Dec 2023
£17.3m▲ +36.9%
Dec 2024
£19.9m▲ +15.4%
Dec 2025
£20.9m▲ +5.2%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2025 | £20.9m | ▲ +5.2% | £1.2m | 82 | £10.2m |
| 31 Dec 2024 | £19.9m | ▲ +15.4% | £2.1m | 86 | £9.6m |
| 31 Dec 2023 | £17.3m | ▲ +36.9% | £2.5m | 80 | £8.4m |
| 31 Dec 2022 | £12.6m | ▲ +0.3% | £1.6m | 74 | £6.6m |
| 31 Dec 2021 | £12.6m | ▲ +19.9% | £2.4m | 68 | £5.9m |
| 31 Dec 2020 | £10.5m | — | £459k | 64 | £4.1m |
| 31 Dec 2019 | — | — | — | — | £4.0m |
Latest available figures
Period ending 31 Dec 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £20.9m
- Gross profit
- £6.9m
- Operating profit
- £1.4m
- Profit before tax
- £1.2m
- Profit after tax
- £1.0m
Balance sheet
- Total assets
- £20.2m
- Cash
- £16k
- Total liabilities
- £10.0m
- Net assets
- £10.2m
- Revenue per employee
- £255k
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