Ocean Signal Limited
Registered name: OCEAN SIGNAL LIMITED
Ocean Signal Limited made £26.2m revenue and £7.3m profit in the year to 31 Dec 2024.
Ocean Signal Limited’s revenue grew 22% to £26.2m in the year to 31 Dec 2024, with £7.3m profit and 61 employees. The company is classified under “manufacture of communication equipment other than telegraph, and telephone apparatus and equipment” and is based in Margate; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Margate, South East
- Age
- 18 yrs · since 2008
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “ACR UK Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £24.6m | £21.4m | £26.2m |
| Cost of sales | £13.5m | £10.9m | £14.2m |
| Gross profit | £11.2m | £10.5m | £12m |
| Operating profit | £8.1m | £7.4m | £8.7m |
| Profit before tax | £8.1m | £7.4m | £8.7m |
| Profit after tax | £6.7m | £5.9m | £7.3m |
| Profit (best available) | £6.7m | £5.9m | £7.3m |
| Staff costs | £2.6m | £2.7m | £3.1m |
| Employees (average) | 51 | 60 | 61 |
| Ratios | |||
| Profit margin | 27.1% | 27.6% | 28% |
| Gross margin | 45.3% | 49.1% | 45.6% |
| Revenue per employee | £483k | £357k | £429k |
| Profit per employee | £131k | £98.3k | £120k |
| Growth (year on year) | |||
| Revenue growth | — | ▼13.1% | ▲22.4% |
| Profit growth | — | ▼11.6% | ▲24.3% |
| Headcount growth | — | ▲17.6% | ▲1.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £882k | £1.1m | £543k |
| Net assets | £5.7m | £6.2m | £4.2m |
| Fixed assets | £1.3m | £1.2m | £1.2m |
| Current assets | £8.4m | £9.4m | £7.6m |
| Debtors | £2.5m | £2m | £1.9m |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 28%
- Profit ÷ revenue.
- Gross margin
- 45.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £429k
- Revenue ÷ average employees.
- Profit per employee
- £120k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.4%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼31%
- Now £4.2m
- Cash at bank
- ▼49%
- Now £543k
- Headcount
- ▲2%
- Now 61
- Deferred income
- —
- Now —
- Fixed assets
- ▼2%
- Now £1.2m
Similar profitable businesses
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £7.3m), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Updated from Companies House on 14 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.