{"name":"OCEAN KINETICS LIMITED","company_number":"SC171923","status":"Active","type":"Private Limited Company","incorporated":"1997-01-30","dissolved":null,"registered_office":"Ocean Kinetics Limited Port Business Park, Gremista, Lerwick, Shetland, ZE1 0TW","postcode":"ZE1 0TW","sic_codes":[{"code":25110,"description":"Manufacture of metal structures and parts of structures"}],"principal_activity":"The principal activity of the company in the year under review was that of the provision of engineering and fabrication services.","previous_names":[],"warnings":[],"accounts":{"category":"Medium","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":82,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","turnover":20940333,"profit_loss":1008140,"net_assets":10222649,"cash":15516,"average_employees":82},{"financial_date":"2024-12-31","turnover":19908710,"profit_loss":1792152,"net_assets":9627009,"cash":1637819,"average_employees":86},{"financial_date":"2023-12-31","turnover":17252607,"net_assets":8388357,"cash":193898},{"financial_date":"2022-12-31","turnover":12598468,"net_assets":6626934,"cash":13464},{"financial_date":"2021-12-31","turnover":12557936,"net_assets":5914237,"cash":131973}],"officers":{"current":4,"resigned":2,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":5,"outstanding":4},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Ocean Kinetics Limited presents a fundamentally sound investment proposition with strong revenue growth, consistent profitability, and a strengthening balance sheet. The company's 27-year track record, diversified sector exposure, and ongoing capital investment programme provide operational stability. However, institutional investors should monitor margin compression trends, the company's exposure to political and geographic concentration risks in Scotland, and the historical pattern of tight cash positions that could resurface during sector downturns.","website":"https://www.oceankinetics.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/ocean-kinetics","people":"https://www.companiesintheuk.co.uk/company/ocean-kinetics/people","filing_history":"https://www.companiesintheuk.co.uk/company/ocean-kinetics/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/SC171923","financials":"https://www.companiesintheuk.co.uk/company/ocean-kinetics/financial","control":"https://www.companiesintheuk.co.uk/company/ocean-kinetics/control","charges":"https://www.companiesintheuk.co.uk/company/ocean-kinetics/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/ocean-kinetics/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/ocean-kinetics"}