Mocean Energy Ltd

Mocean Energy Ltd

Trading as: Mocean Energy
#SC461469 Active
B2bManufacturingPhysical ProductServicesSoftware

Mocean Energy is a wave energy technology developer based in Scotland. They are pioneering the use of ocean waves to generate clean and sustainable energy. Their goal is to create commercially viable wave energy converters that can provide a reliable source of power for both subsea applications and the grid.

Founded: 14/10/2013
Industries: Other research and experimental development on natural sciences and engineering
Location: Kirkwall

Products

  • Blue Horizon
  • Blue Star
  • Blue X (prototype)

Services

  • Design And Delivery Of Wave Energy Converters
  • Grid-scale Power Generation
  • Ocean Equipment Provision
  • Wave Energy Technology Development

Financial Snapshot

Last accounts made up to 31 October 2024
Next accounts due 31 July 2026 (14 months)
Cash in Bank £0.51m
↓ -2%
Total Liabilities £0.36m
↓ -16%
Employees 20
↑ 33%

Directors

Role:
Non-exec Director
Appointed:
01/09/2022
Nationality:
Norwegian
Age:
60 years
Role:
Non-exec Director
Appointed:
01/09/2022
Nationality:
British
Age:
56 years
Role:
Executive Director
Appointed:
01/09/2021
Nationality:
British
Age:
48 years
Role:
Engineer
Appointed:
05/09/2016
Nationality:
American
Age:
42 years
Role:
Research Engineer
Appointed:
16/07/2015
Nationality:
British
Age:
73 years

People with Significant Control

Christopher Heinz Retzler
Nature of Control:
Ownership Of Shares 25 To 50 Percent, Voting Rights 25 To 50 Percent
Notified On:
06/04/2016
Nationality:
British
James Cameron Mcnatt
Nature of Control:
Ownership Of Shares 25 To 50 Percent
Notified On:
06/04/2016
Nationality:
American
Oct 2023Oct 2022Oct 2021
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65 shareholders available
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Charges

3 charges registered
The Royal Bank of Scotland PLC Outstanding
Created 02/11/2023
#SC4614690003 Negative Pledge
Scottish Growth Scheme - Business Loans Scotland Debt Finance L.P. Outstanding
Created 07/03/2023
#SC4614690002 Negative Pledge

Properties

No property information available

7 issuances recorded

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Grants

Total grant funding received: £246,263.50

Department for Business, Energy and Industrial Strategy
£246,263.50

Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projects?ref=56808

Date Awarded:
01/11/2020
Programme:
ALB - UKRI - Innovate UK grant awards in 20-21

Group Structure

No group structure information available

Government Council Contracts Beta

No council contracts found

Company Filings

18/03/2025 Capital

Capital Allotment Shares

17/03/2025 Resolution

Resolution

12/02/2025 Incorporation

Memorandum Articles

12/02/2025 Resolution

Resolution

07/02/2025 Accounts

Accounts With Accounts Type Total Exemption Full

30/09/2024 Resolution

Resolution

28/08/2024 Officers

Change Person Director Company With Change Date