Ocean Properties (North East) Limited
05628714
Some Concerns
- Current liabilities exceed current assets (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 18/11/2005
BRITISH · UNITED KINGDOM · Age 64
Also on 15 other boards
director · Since 18/11/2005
JEWELLER
BRITISH · UNITED KINGDOM · Age 64
Also on 15 other boards
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
British · United Kingdom · Age 47
68 Regent Street, Northumberland, NE24 1LT
Notified 06/04/2016
Mr John Aynsley Herron
British · United Kingdom · Age 64
68 Regent Street, Northumberland, NE24 1LT
Notified 06/04/2016
Charges4 outstanding
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CompanyRankvs 45795+ SIC 68100 peers44
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.39 | -£5k |
| 2024 | 0.22 | +£16k |
| 2023 | 0.28 | +£357 |
| 2022 | 0.32 | +£8k |
| 2021 | 0.30 | — |
| 2020 | 0.06 | — |
| 2019 | 3.98 | — |
Derived from filed accounts. Not audited figures.