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Ocean Co. Uk Limited

09632837

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

8.02 THE SOUTHSIDE BUILDING, BIRMINGHAM, B5 4BD
Incorporated 10/06/2015

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 03/08/2025

Due 17/08/2026

On track

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr King To Wong

director · Since 10/06/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Persons with Significant Control

Mr King To Wong

75–100% shares
75–100% votes
Appoint directors

Chinese · England · Age 35

8.02 The Southside Building, 31 Hurst Street, Birmingham, B5 4BD

Notified 06/04/2016

CompanyRankvs 806+ SIC 47190 peers
83

Financial strength92th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.75× · 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 strength23/25 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.

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 31/10/2024

Net Worth

£159k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£103k

Working capital

Current Assets

£150k

Current Liabilities

£55k

Fixed Assets

£59k

8avg. employees

Balance Sheet

Assets less current liabilities£162k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.75-£19k
20235.28-£25k
20224.59-£8k
20216.03-£50k
20203.85+£41k
20195.43-£15k
20182.83

Derived from filed accounts. Not audited figures.