Ocean Power Technologies Limited in Leamington Spa, CV32 5LA

Description

Data updated on: 01-11-2023

This particular Ocean Power Technologies Limited firm has been in this business field for 20 years, as it's been founded in 2004. Started with Companies House Reg No. 05225532, Ocean Power Technologies was set up as a Private Limited Company with office in 23-25 Waterloo Place, Warwick Street, Leamington Spa CV32 5LA. This enterprise's SIC code is 46180 which means Agents specialized in the sale of other particular products. April 30, 2022 is the last time the company accounts were filed.

There is just one director this particular moment overseeing the following firm, specifically Philipp S. who's been doing the director's responsibilities for 20 years. For 5 years George K., had fulfilled assigned duties for the following firm until the resignation in November 2021. Additionally a different director, namely David H. gave up the position in 2016.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-04-30	2021-04-30
Currency

Balance Sheet
Cash Bank On Hand	26 288	11 384
Current Assets	28 475	13 607
Debtors	2 187	2 223
Net Assets Liabilities	-744 858	-904 391
Other Debtors	2 187	2 223

Other Financial Data
Audit Fees Expenses	4 400	4 500
Accrued Liabilities Deferred Income	12 421	4 500
Accumulated Depreciation Impairment Property Plant Equipment	16 640
Administrative Expenses	185 054	159 231
Amounts Owed To Group Undertakings	512 237	891 758
Average Number Employees During Period	1	1
Cash Cash Equivalents Cash Flow Value	26 288	11 384
Creditors	529 214	917 998
Further Item Operating Expense Loss Income Statement Item Component Operating Profit Loss	244 119
Further Item Tax Increase Decrease Component Adjusting Items	899
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	99	-4 562
Interest Paid To Group Undertakings	284	302
Interest Payable Similar Charges Finance Costs	284	302
Net Cash Flows From Used In Operating Activities	11 059	14 904
Net Cash Generated From Operations	10 775	14 602
Net Current Assets Liabilities	-500 739	-904 391
Net Interest Paid Received Classified As Operating Activities	-284	-302
Number Equity Instruments Exercisable Share-based Payment Arrangement	838
Number Equity Instruments Exercised Share-based Payment Arrangement		10 000
Number Equity Instruments Expired Share-based Payment Arrangement	2	838
Number Equity Instruments Forfeited Share-based Payment Arrangement	10
Number Equity Instruments Granted Share-based Payment Arrangement	10 000
Number Equity Instruments Outstanding Share-based Payment Arrangement	10 838
Operating Profit Loss	-429 173	-159 231
Other Provisions Balance Sheet Subtotal	244 119
Other Taxation Social Security Payable	4 400
Pension Other Post-employment Benefit Costs Other Pension Costs	29 445	5 521
Profit Loss	-429 457	-159 533
Profit Loss On Ordinary Activities Before Tax	-429 457	-159 533
Property Plant Equipment Gross Cost	16 640
Social Security Costs	10 585	9 480
Staff Costs Employee Benefits Expense	145 169	119 607
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward	34 315	30 311
Total Increase Decrease In Provisions		244 119
Trade Creditors Trade Payables	156	21 740
Wages Salaries	105 139	104 606
Weighted Average Exercise Price Equity Instruments Exercisable Share-based Payment Arrangement	45
Weighted Average Exercise Price Equity Instruments Exercised Share-based Payment Arrangement		1
Weighted Average Exercise Price Equity Instruments Expired Share-based Payment Arrangement	1 280	45
Weighted Average Exercise Price Equity Instruments Forfeited Share-based Payment Arrangement	1 086
Weighted Average Exercise Price Equity Instruments Granted Share-based Payment Arrangement	1
Weighted Average Exercise Price Equity Instruments Outstanding Share-based Payment Arrangement	4