Sepia limata is a species of cuttlefish native to the southwestern Pacific Ocean, specifically southern Queensland to New South Wales, Australia (26°30′S 153°44′E / 26.500°S 153.733°E to 34°40′S 150°51′E / 34.667°S 150.850°E). It lives at depths of between 17 and 183 m. Females are slightly larger than males. They grow to a mantle length of 42 mm and 35 mm, respectively. The type specimen was collected off Manly Beach, New South Wales (33°48′S 151°17′E / 33.800°S 151.283°E). It is deposited at the Australian Museum in Sydney.