{"name":"OCEAN AGENCIES LIMITED","company_number":"02813300","status":"Active","type":"Private Limited Company","incorporated":"1993-04-22","dissolved":null,"registered_office":"2nd Floor Marlborough House, 298 Regents Park Road, London, N3 2SZ","postcode":"N3 2SZ","sic_codes":[{"code":50200,"description":"Sea and coastal freight water transport"}],"principal_activity":"Sea and coastal freight water transport","previous_names":[{"name":"BLASCO UK LIMITED","changed_on":"1996-05-31"},{"name":"BLASBULK UK LIMITED","changed_on":"1993-10-08"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":8,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","net_assets":192135,"cash":154031,"average_employees":8},{"financial_date":"2024-12-31","net_assets":228188,"cash":228767,"average_employees":8},{"financial_date":"2023-12-31","net_assets":762716,"cash":817088},{"financial_date":"2022-12-31","net_assets":1120919,"cash":1308211},{"financial_date":"2021-12-31","net_assets":780890,"cash":758348}],"officers":{"current":4,"resigned":11,"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":1,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Ocean Agencies Limited is a long-established shipping agency that has experienced an 83% decline in net assets from its 2022 peak, now standing at just £192,135 – a position that signals either aggressive shareholder extraction or significant trading deterioration, likely compounded by the disruption to its apparent Black Sea/CIS trade route specialisation following geopolitical events. While the firm remains debt-free and operationally active with director remuneration still substantial, the capital base is now dangerously thin for a business exposed to the working capital demands of international freight agency work. Without capital replenishment or a strategic pivot away from disrupted trade corridors, the company's competitive position within the UK ship agency market appears increasingly fragile relative to better-capitalised rivals.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/ocean-agencies","people":"https://www.companiesintheuk.co.uk/company/ocean-agencies/people","filing_history":"https://www.companiesintheuk.co.uk/company/ocean-agencies/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02813300","financials":"https://www.companiesintheuk.co.uk/company/ocean-agencies/financial","control":"https://www.companiesintheuk.co.uk/company/ocean-agencies/control","charges":"https://www.companiesintheuk.co.uk/company/ocean-agencies/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/ocean-agencies/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-agencies"}