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Ocean Led Marine Limited

08927130

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1 DODWELLS BRIDGE INDUSTRIAL ESTATE, HINCKLEY, LE10 3BS
Incorporated 06/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27400
Manufacture of electric lighting equipment

Officers

Mr Mark Blythe

director · Since 06/03/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Mr Roderick Alan Crozier

director · Since 23/02/2015

MANAGER

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Adrian Steven Wood

director · Since 24/04/2018

NON-EXECUTIVE DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Mr Jayan Bhundia

secretary · Since 27/08/2019

Also on 1 other board

Mr Jayan Bhundia

director · Since 01/01/2021

GROUP FINANCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Mr Daniele Todaro

director · Since 01/01/2021

GROUP MANAGING DIRECTOR

ITALIAN,BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Mark Rupert Blythe

25–50% shares
25–50% votes

British · England · Age 59

Unit 1, Dodwells Bridge Industrial Estate, Hinckley, LE10 3BS

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 17/11/2022Registered 17/11/2022
Charge
satisfied

SANTANDER UK PLC (AS SECURITY TRUSTEE)

Created 25/01/2016Registered 25/01/2016Satisfied 04/11/2022
Charge
satisfied

HSBC BANK PLC

Created 03/10/2014Registered 03/10/2014Satisfied 11/02/2016
Charge
satisfied

OCEAN-LED LTD

Created 14/03/2014Registered 26/03/2014Satisfied 14/02/2015

CompanyRankvs 50+ SIC 27400 peers
75

Financial strength94th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.18× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

Longevity12/15 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 31/12/2024

Net Worth

£2.5M

Balance sheet strength

Cash

£603k

Cash in the bank

Net Current Assets

£2.7M

Working capital

Current Assets

£3.5M

Current Liabilities

£843k

Fixed Assets

£5k

Debtors

£1.4M

40avg. employees

Tax at Year End

Corp tax£59k

Balance Sheet

Intangible assets£5k
Assets less current liabilities£2.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.18+£136k
20233.44+£64k
20223.71+£273k
20214.09+£95k
20202.93-£46k
20202.21+£118k
20192.28

Derived from filed accounts. Not audited figures.