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Ocean Hydraulics (Uk) Limited

08268390

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

NANSGWELLAN STAMPS LANE, REDRUTH, TR15 3JY
Incorporated 25/10/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mrs June Charmaine Curnow

secretary · Since 25/10/2012

Mr Michael Curnow

director · Since 25/10/2012

ENGINEER

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Michael Curnow

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

British · England · Age 64

10, Chili Road, Redruth, TR15 3JU

Notified 06/04/2016

CompanyRankvs 1403+ SIC 71129 peers
82

Financial strength93th percentile among SIC peers · 23/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.7× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees10/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

£302k

Balance sheet strength

Cash

£169k

Cash in the bank

Net Current Assets

£256k

Working capital

Current Assets

£351k

Current Liabilities

£95k

Fixed Assets

£45k

Debtors

£159k

2avg. employees+1

Tax at Year End

Corp tax£55k
VAT£6k

Director Loans

Company owes directors£1k

Balance Sheet

Assets less current liabilities£302k
Signed by Mr Michael Curnow 17/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20253.70+£177k£114k
20242.19+£104k£454k
20231.29£285k

Derived from filed accounts. Not audited figures.