Ocean Crest Developments Limited
08711720
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/07/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 6 other boards
secretary · Since 30/11/2021
Persons with Significant Control
Mr Justin Harold Peter Fellows
British · England · Age 59
The Mews, Tamworth Street, Belper, DE56 4ER
Notified 15/07/2020
Former PSCs
Mr Callum John Wason
Ceased 15/07/2020
Mrs Shirley Anne Wason
Ceased 15/07/2020
Mr Christopher John Wason
Ceased 15/07/2020
CompanyRankvs 52403+ SIC 41100 peers35
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. 1.3 Stocks Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials that have been incurred in bringing the stocks to their
Key FinancialsYear ending 31/03/2025
Net Worth
£100
Balance sheet strength
Cash
£248
Cash in the bank
Net Current Assets
-£159k
Working capital
Current Assets
£3.4M
Current Liabilities
£3.5M
Debtors
£16k
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.96 |
| 2024 | 0.97 |
| 2023 | 0.97 |
Derived from filed accounts. Not audited figures.