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Oeg Subsea Limited

11003015

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

UNITS 3-5 UNITY GROVE, PRESCOT, L34 9GT
Incorporated 09/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr John Miller Heiton

director · Since 05/10/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 31 other boards

Mr Thomas Anthony Murray

director · Since 18/10/2024

ACCOUNTANT

BRITISH · ENGLAND · Age 58

Also on 41 other boards

Persons with Significant Control

Oeg Renewables Group Limited

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

Manor Offices, Portland Port Business Centre, Portland, DT5 1PB

Reg: 14687560 · Companies House · Private Limited Company

Notified 20/04/2023

Former PSCs

Mr Ian Phillip Hughes

Ceased 05/10/2021

Mrs Carolyne Ann Hughes

Ceased 05/10/2021

Oeg Offshore Group Limited

Ceased 16/02/2023

Oeg Global Limited

Ceased 20/04/2023

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 01/09/2025Registered 01/09/2025
Charge
outstanding

KROLL TRUSTEE SERVICES LIMITED

Created 10/07/2025Registered 18/07/2025
Charge
outstanding

KROLL TRUSTEE SERVICES LIMITED

Created 27/09/2024Registered 03/10/2024
Charge
satisfied

LLOYDS BANK PLC

Created 21/12/2023Registered 22/12/2023Satisfied 17/01/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/12/2023Registered 19/12/2023Satisfied 09/10/2024
Charge
satisfied

LLOYDS BANK PLC

Created 07/02/2022Registered 09/02/2022Satisfied 05/05/2022

CompanyRankvs 6034+ SIC 82990 peers
74

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.53× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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6034Oeg Subsea Limited
83
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

Longevity9/15 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 30/09/2021

Net Worth

£3.1M

Balance sheet strength

Cash

£3.2M

Cash in the bank

Net Current Assets

£3.4M

Working capital

Current Assets

£5.7M

Current Liabilities

£2.3M

Fixed Assets

£1.9M

Debtors

£1.4M

Profit After Tax

£2.1M

19avg. employees+8

Tax at Year End

Corp tax£427k
Dividends paid£46k

Balance Sheet

Assets less current liabilities£5.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20212.53+£1.3M
20201.87+£2.0M
20191.52-£192k
20180.22—

Derived from filed accounts. Not audited figures.