Ode Asset Management Limited
Registered name: ODE ASSET MANAGEMENT LIMITED
Part of Doris Asset Management Holding Limited groupOde Asset Management Limited made £54.4m revenue and £1.6m profit in the year to 31 Dec 2025.
Ode Asset Management Limited’s revenue grew 11% to £54.4m in the year to 31 Dec 2025, with £1.6m profit and 127 employees. The company is classified under “support activities for petroleum and natural gas extraction” and is based in Great Yarmouth; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Great Yarmouth, East of England
- Age
- 8 yrs · since 2018
- 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: “Doris Asset Management Holding 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 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £63.9m | £48.9m | £54.4m |
| Cost of sales | £56.6m | £42.1m | £47.1m |
| Gross profit | £7.3m | £6.8m | £7.3m |
| Operating profit | −£1.4m | £1.7m | £1.9m |
| Profit before tax | −£1.4m | £1.8m | £2.1m |
| Profit after tax | −£1.2m | £1.4m | £1.6m |
| Profit (best available) | −£1.2m | £1.4m | £1.6m |
| Staff costs | £8.9m | £10.1m | £10.9m |
| Employees (average) | 107 | 125 | 127 |
| Ratios | |||
| Profit margin | −1.9% | 2.9% | 3% |
| Gross margin | 11.4% | 14% | 13.5% |
| Revenue per employee | £597k | £391k | £429k |
| Profit per employee | −£11.2k | £11.4k | £12.9k |
| Growth (year on year) | |||
| Revenue growth | — | ▼23.5% | ▲11.4% |
| Profit growth | — | — | ▲15.3% |
| Headcount growth | — | ▲16.8% | ▲1.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.2m | £3.7m | £2.5m |
| Net assets | £685k | £2.1m | £2.8m |
| Fixed assets | £593k | £304k | £329k |
| Current assets | £12.8m | £8.4m | £9.7m |
| Debtors | £3.3m | £2.5m | £3m |
| Deferred income | £3.6m | £3.6m | £3.5m |
| Source | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 3%
- Profit ÷ revenue.
- Gross margin
- 13.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £429k
- Revenue ÷ average employees.
- Profit per employee
- £12.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.6%
- 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
- ▲33%
- Now £2.8m
- Cash at bank
- ▼31%
- Now £2.5m
- Headcount
- ▲2%
- Now 127
- Deferred income
- ▼4%
- Now £3.5m
- Fixed assets
- ▲8%
- Now £329k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Doris Asset Management Holding Limitedultimate parent75–100%
- Ode Asset Management Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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- Profit
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- Staff
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- Interwell LimitedAberdeen · Support activities for petroleum and natural gas extraction
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- First Marine Solutions LimitedAberdeen · Support activities for petroleum and natural gas extraction
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- Profit
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- Wellbore Integrity Solutions UK LimitedLondon · Support activities for petroleum and natural gas extraction
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.6m), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.