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Ocean Properties (North East) Limited

05628714

active
Private Limited Company
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

Accounts

Up to date

Confirmation statement

Up to date

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 45795+ 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+£357
20220.32+£8k
20210.30
20200.06
20193.98

Derived from filed accounts. Not audited figures.