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Ocean Choices Cic

09608732

active
Community Interest Company
england wales
Companies House
Health Score
100 / 100

Healthy

30/30
Filing
30/30
Financial
40/40
Risk

No risk factors detected.

Details

OCEAN CHOICES DAY CENTRE, SOUTH SHIELDS, NE34 0NH
Incorporated 26/05/2015

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 28/05/2025

Due 11/06/2026

On track

Industry

88100
Social work activities without accommodation for the elderly and disabled

Officers

Martin John Wray

secretary · Since 26/05/2015

Lee Lovely Wray

director · Since 26/05/2015

SUPPORT WORKER

BRITISH · ENGLAND · Age 47

Mr Martin John Wray

director · Since 26/05/2015

CLERGYMAN RTD

BRITISH · UNITED KINGDOM · Age 75

Mrs Noreen Fraser

director · Since 09/01/2017

RETIRED

BRITISH · UNITED KINGDOM · Age 78

Ms Kerry Jean Lovely

director · Since 01/01/2023

ASSISTANT MANAGER

BRITISH · UNITED KINGDOM · Age 36

CompanyRankvs 897+ SIC 88100 peers
76

Financial strength81th percentile among SIC peers · 20/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 36.64× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 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.

Longevity11/15 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 31/05/2025

Turnover

£224k

Annual revenue

Net Worth

£65k

Balance sheet strength

Cash

£41k

Cash in the bank

Profit Before Tax

£27k

Bottom line earnings

Net Current Assets

£40k

Working capital

Current Assets

£41k

Current Liabilities

£1k

Fixed Assets

£50k

Cost of Sales

£4k

Gross Profit

£220k

Admin Expenses

£193k

Operating Profit

£27k

5avg. employees

Balance Sheet

Assets less current liabilities£90k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202536.64+£0
202536.64+£27k
20243.45

Derived from filed accounts. Not audited figures.