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Oceala Limited

01669351

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

KELSALL HOUSE, TELFORD, TF3 3BD
Incorporated 05/10/1982

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/05/2026

Due 30/05/2027

On track

Industry

38110
Collection of non-hazardous waste
38320
Recovery of sorted materials

Officers

Mr Mark Smith

director · Since 31/07/1996

MANAGER

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Mrs Georgina Cullen

director · Since 07/11/2005

PURCHASING EXECUTIVE

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mr Paul Anthony Cox

director · Since 21/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 24 other boards

Mr Guy Richard Wakeley

director · Since 21/02/2023

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 63 other boards

Mr Philip James Vincent

director · Since 01/05/2025

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 49 other boards

Persons with Significant Control

G.A.E. Smith (Holdings) Limited

75–100% shares
75–100% votes
Appoint directors

Kelsall House Stafford Court, Stafford Park 1, Telford, TF3 3BD

Reg: 01075198 · Companies House · Limited Company

Notified 14/10/2025

Former PSCs

Gae Smith Group Limited

Ceased 14/10/2025

Charges0 outstanding

Charge
satisfied

KROLL TRUSTEE SERVICES LIMITED

Created 09/11/2022Registered 18/11/2022Satisfied 01/12/2023
Charge
satisfied

LLOYDS BANK PLC

Created 20/12/2021Registered 31/12/2021Satisfied 10/11/2022
Charge
satisfied

LLOYDS BANK PLC

Created 05/08/2014Registered 08/08/2014Satisfied 22/12/2021
Charge
satisfied

GEORGE ALBERT EDWARD SMITH

Created 30/04/2013Registered 17/05/2013Satisfied 23/02/2021

CompanyRankvs 33+ SIC 38110 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.42× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 30/11/2021

Turnover

£9.3M

Annual revenue

Net Worth

£5.1M

Balance sheet strength

Cash

£4.6M

Cash in the bank

Profit Before Tax

£443k

Bottom line earnings

Net Current Assets

£4.5M

Working capital

Current Assets

£6.4M

Current Liabilities

£1.9M

Fixed Assets

£677k

Debtors

£1.8M

Cost of Sales

£8.2M

Gross Profit

£1.1M

Admin Expenses

£673k

Operating Profit

£444k

Profit After Tax

£359k

23avg. employees+3

Tax at Year End

Corp tax£220k
Dividends paid£80k

People Costs

Wages & salaries£212k
NI contributions£22k

Balance Sheet

Assets less current liabilities£5.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20213.42-£4.7M
20214.63

Derived from filed accounts. Not audited figures.