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Ocean Magic Limited

04664716

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 6C, ST COLUMB MAJOR, TR9 6SF
Incorporated 12/02/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32300
Manufacture of sports goods
47710
Retail sale of clothing in specialised stores

Officers

Mr Nigel Calvin Semmens

director · Since 12/02/2003

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 1 other board

Mr Shaun Semmens

director · Since 26/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Nigel Calvin Semmens

75–100% shares

British · England · Age 69

Unit 6c, St Columb Ind Est, St Columb Major, TR9 6SF

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 06/04/2016Registered 21/04/2016
charge
outstanding

HSBC BANK PLC

Created 16/04/2003Registered 19/04/2003

CompanyRankvs 155+ SIC 32300 peers
66

Financial strength89th percentile among SIC peers · 22/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.35× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£134k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£77k

Working capital

Current Assets

£298k

Current Liabilities

£221k

Fixed Assets

£60k

3avg. employees

Balance Sheet

Assets less current liabilities£136k

EstimatesDerived

YearCurrent RatioImplied Profit
20251.35+£116
20241.26+£251
20231.24-£17k
20221.98+£98k
20211.31

Derived from filed accounts. Not audited figures.