Ocean Coatings Limited
09467014
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/08/2016
BIOCHEMIST
BRITISH · ENGLAND · Age 75
Also on 3 other boards
director · Since 23/12/2019
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 67
Also on 1 other board
Persons with Significant Control
Mr Keith Martin Macgregor
British · England · Age 75
Netpark Plexus, Thomas Wright Way, Stockton-On-Tees, TS21 3FD
Notified 01/12/2016
Mr David Owen Mcfarlane
British · United Kingdom · Age 67
Time Central, Gallowgate, Newcastle Upon Tyne, NE1 4BF
Notified 23/12/2019
Charges1 outstanding
DAVID OWEN MCFARLANE
CompanyRankvs 2741+ SIC 72190 peers47
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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
-£9k
Balance sheet strength
Cash
£14k
Cash in the bank
Net Current Assets
£111k
Working capital
Current Assets
£166k
Current Liabilities
£55k
Fixed Assets
£325k
Debtors
£66k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 3.02 | -£100k | £85k |
| 2024 | 0.62 | +£62k | — |
| 2023 | 0.55 | -£28k | — |
| 2022 | 0.20 | -£17k | — |
| 2021 | 12.90 | -£22k | — |
| 2020 | 22.26 | +£56k | — |
| 2019 | 0.25 | -£41k | — |
| 2018 | 1.51 | — | — |
Derived from filed accounts. Not audited figures.