Ocean Electrics South West Ltd
09165939
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 07/08/2014
director · Since 13/10/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 1 other board
Persons with Significant Control
Mr Kevin Dawe
British · England · Age 53
12, Mannamead Road, Plymouth, PL4 7AA
Notified 30/06/2016
Mrs Karen Dawe
British · England · Age 54
12, Mannamead Road, Plymouth, PL4 7AA
Notified 30/06/2016
CompanyRankvs 23241+ SIC 43210 peers54
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/02/2025
Net Worth
£50
Balance sheet strength
Cash
£17k
Cash in the bank
Net Current Assets
-£60k
Working capital
Current Assets
£143k
Current Liabilities
£203k
Fixed Assets
£63k
Debtors
£126k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.71 | — |
| 2024 | 1.06 | — |
| 2023 | 1.13 | — |
| 2022 | 1.36 | +£735 |
| 2021 | 1.11 | -£63k |
| 2020 | 1.18 | — |
| 2019 | 0.99 | — |
Derived from filed accounts. Not audited figures.