OCEAN KING LTD

Company number 07360740 ·

Active

Executive summary

Ocean King Ltd is a mid-tier UK seafood wholesaler whose FY2025 accounts reveal a significant deterioration in financial health, with net assets declining 25.7% to £962k and current liabilities surging 48%, strongly suggesting a substantial loss year. While the company benefits from 15 years of established trading, family governance alignment, and adequate (though declining) liquidity, it faces structural headwinds common to the sector – thin margins, post-Brexit supply chain friction, cold-chain cost inflation, and scale disadvantages versus larger competitors. The shift in liability structure and rising debtor levels warrant close monitoring in subsequent periods.

Read the full AI analysis →

Shareholders' funds

£961,823

Balance sheet as at 2025-08-31

View full accounts →

Overview

Company type
Private Limited Company
Incorporated
2010-08-31
Employees
37 (2025 accounts · was 34 in 2024)
Registered office
Victory Park Way, Victory Park, Derby, Derbyshire, England, DE24 8ZF
Postcode
DE24 8ZF
Capital
100 GBP
Accounts category
Small
Charges
0 outstanding

Accounts

Last made up to
2025-08-31
Next due by
2027-05-31
Financial year end
31 August

Confirmation statement

Last statement dated
2026-08-31
Next due by
2027-09-14
View filing history →

Nature of business (SIC)

  • 46380 Wholesale of other food, including fish, crustaceans and molluscs

Officers 4 current

Ian THAI Director
Appointed 2010-08-31
John THAI Director
Appointed 2010-08-31
Steven THAI Director
Appointed 2010-08-31
Appointed 2010-08-31

View all officers and resignations →

Group structure

Controlled by THAICORP LTD — since 2021-09-01

From persons-with-significant-control filings on the public register.

Licensed visa sponsor

Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).

Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.

Data protection registration

Registered with the ICO as a data protection fee payer — ZA858498 (Tier 2), registered since 2021.

Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.

Contact details

Website
oceanking.co.uk
Phone
01509268882

Among its peers

Top 10%

by shareholders' funds, of 832 similar companies in DE — measured against the wider sector

Among the biggest employers among its local peers (37 staff).

The oldest of its local peers, trading since 2010.

The class of 2010

21%

of the 376,891 companies incorporated in 2010 are still active today; 77% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →

Property in England & Wales 1 title

Leasehold
1
Most recent registration
2013-05-08
Where
Leicestershire
Title numberCounty Tenure RegisteredPrice paid
LT451515 Leicestershire Leasehold 2013-05-08

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).

Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.