Back to search

Oceanic Red Ltd

11291692

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

14 BUTTERCUP AVENUE, BILLINGHAM, TS22 5GY
Incorporated 04/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores
62090
Other information technology service activities
70229
Management consultancy activities

Officers

Mrs Joanne Marie Ainsley

director · Since 04/04/2018

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Mrs Joanne Marie Ainsley

25–50% shares

British · United Kingdom · Age 50

14 Buttercup Avenue, Wynyard Manor, Billingham, TS22 5GY

Notified 04/04/2018

Former PSCs

Mr Mark Ainsley

Ceased 10/11/2025

CompanyRankvs 15011+ SIC 47190 peers
40

Financial strength20th percentile among SIC peers · 5/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.68× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength5/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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 30/04/2025

Net Worth

-£992

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£2k

Current Liabilities

£3k

1avg. employees

Balance Sheet

Assets less current liabilities-£992
Signed by 1.5.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20250.68
20240.31
20230.79
20220.36
20210.81

Derived from filed accounts. Not audited figures.