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Ocean Properties (North East) Limited

05628714

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

68 REGENT STREET, NORTHUMBERLAND, NE24 1LT
Incorporated 18/11/2005

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 14/11/2025

Due 28/11/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr John Aynsley Herron

secretary · Since 18/11/2005

BRITISH · UNITED KINGDOM · Age 64

Also on 15 other boards

Mr John Aynsley Herron

director · Since 18/11/2005

JEWELLER

BRITISH · UNITED KINGDOM · Age 64

Also on 15 other boards

Mr Martin Lee Trinder

director · Since 18/11/2005

PROPERTY DEVELOPER

BRITISH · UNITED KINGDOM · Age 47

Also on 30 other boards

Persons with Significant Control

Mr Martin Lee Trinder

25–50% shares

British · United Kingdom · Age 47

68 Regent Street, Northumberland, NE24 1LT

Notified 06/04/2016

Mr John Aynsley Herron

25–50% shares

British · United Kingdom · Age 64

68 Regent Street, Northumberland, NE24 1LT

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

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CompanyRankvs 46721+ SIC 68100 peers
44

Financial strength75th percentile among SIC peers · 19/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.39× · 2/20
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 strength19/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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

£31k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£39k

Working capital

Current Assets

£25k

Current Liabilities

£64k

Fixed Assets

£176k

0avg. employees

Balance Sheet

Assets less current liabilities£137k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.39-£5k
20240.22+£16k
20230.28

Derived from filed accounts. Not audited figures.