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Oceanic Jewellers Limited

02029888

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 11 OLIVER BUSINESS PARK, OLIVER ROAD, LONDON, NW10 7JB
Incorporated 20/06/1986

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/11/2025

Due 10/12/2026

On track

Industry

32130
Manufacture of imitation jewellery and related articles
46480
Wholesale of watches and jewellery

Officers

Mr Manjit Singh Suri

director · Since 10/12/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 4 other boards

Mr Gurjit Singh Suri Arb Riba

secretary · Since 14/06/1999

BRITISH · ENGLAND · Age 59

Also on 7 other boards

Mr Gurjit Singh Suri Arb Riba

director · Since 13/01/2020

CHARTERED ARCHITECT

BRITISH · ENGLAND · Age 59

Also on 7 other boards

Persons with Significant Control

Oceanic Holdings Limited

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

Unit 11, Oliver Road, London, NW10 7JB

Reg: 13876965 · Companies House Register · Private Limited Company

Notified 04/02/2022

Former PSCs

Mr Gurjit Singh Suri

Ceased 04/02/2022

Lord Ranbir Singh Suri

Ceased 22/08/2025

Mr Harprit Singh Suri

Ceased 04/02/2022

Mr Manjit Singh Suri

Ceased 04/02/2022

Suri London Properties Holdings Limited

Ceased 04/02/2022

Charges2 outstanding

Charge
satisfied

METRO BANK PLC

Created 22/03/2023Registered 28/03/2023Satisfied 21/12/2023
Charge
outstanding

CYNERGY BANK LIMITED

Created 23/03/2023Registered 23/03/2023
Charge
outstanding

CYNERGY BANK LIMITED

Created 23/03/2023Registered 23/03/2023
Charge
satisfied

METRO BANK PLC

Created 15/11/2016Registered 18/11/2016Satisfied 24/03/2023
Charge
satisfied

METRO BANK PLC

Created 15/11/2016Registered 18/11/2016Satisfied 21/12/2023
Charge
satisfied

OCEANIC JEWELLERS LIMITED

Created 03/11/2015Registered 03/11/2015Satisfied 05/04/2023
charge
satisfied

LLOYDS TSB BANK PLC

Created 10/01/2006Registered 19/01/2006Satisfied 06/12/2016
charge
satisfied

LLOYDS TSB BANK PLC

Created 13/07/2004Registered 14/07/2004Satisfied 06/12/2016
charge
satisfied

LLOYDS TSB BANK PLC

Created 08/05/2003Registered 09/05/2003Satisfied 06/12/2016
charge
satisfied

LLOYDS TSB BANK PLC

Created 31/03/2003Registered 03/04/2003Satisfied 06/12/2016
charge
satisfied

LLOYDS TSB BANK PLC

Created 19/06/2002Registered 26/06/2002Satisfied 06/12/2016
charge
satisfied

LLOYDS BANK PLC

Created 15/05/1998Registered 16/05/1998Satisfied 06/12/2016
charge
satisfied

LLOYDS BANK PLC

Created 05/03/1998Registered 12/03/1998Satisfied 06/12/2016
charge
satisfied

LLOYDS BANK PLC

Created 05/03/1998Registered 11/03/1998Satisfied 06/12/2016
charge
satisfied

LLOYDS BANK PLC

Created 01/12/1995Registered 16/12/1995Satisfied 06/12/2016
charge
satisfied

LLOYDS BANK PLC

Created 22/04/1994Registered 27/04/1994Satisfied 06/12/2016
charge
satisfied

LLOYDS BANK PLC

Created 22/04/1994Registered 27/04/1994Satisfied 06/12/2016
charge
satisfied

LLOYDS BANK PLC

Created 31/03/1994Registered 16/04/1994Satisfied 06/12/2016
charge
satisfied

EQUATIORIAL BANK PLC.

Created 07/11/1990Registered 08/11/1990Satisfied 13/07/1995

CompanyRankvs 15+ SIC 32130 peers
62

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.19× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

Employees15/15 pts

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

Liquidity12/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

the company's affairs as at the balance sheet date, and projections for the next year. No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified. These financial statements have accordingly been prepared on the going concern basis. Turnover Turnover represents value of goods sold, excluding value added tax an

Key FinancialsYear ending 31/03/2025

Net Worth

£16.1M

Balance sheet strength

Cash

£597k

Cash in the bank

Net Current Assets

£122k

Working capital

Current Assets

£775k

Current Liabilities

£653k

Fixed Assets

£22.2M

Debtors

£136k

11avg. employees+1

Tax at Year End(2020)

Dividends paid£548k

Balance Sheet

Bank loans & overdrafts£2.8M
Assets less current liabilities£22.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.19+£398k
20241.40+£728k
20231.45+£2.6M
20221.44-£6.2M
20212.36+£161k
20202.07-£1.6M
20192.17

Derived from filed accounts. Not audited figures.