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Ocean Drive Classics Limited

11342456

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

OCEAN DRIVE CLASSICS DRAYTON ROAD, SOLIHULL, B90 4NG
Incorporated 02/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
45190
Sale of other motor vehicles
45200
Maintenance and repair of motor vehicles
45400
Sale, maintenance and repair of motorcycles and related parts and accessories

Officers

Mr Jake Hinley

director · Since 02/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 31

Also on 1 other board

Mr Simon Hinley

director · Since 02/05/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Persons with Significant Control

Mr Simon Hinley

25–50% shares
25–50% votes

British · United Kingdom · Age 68

Ocean Drive Classics, Drayton Road, Solihull, B90 4NG

Notified 02/05/2018

Mr Jake Hinley

25–50% shares
25–50% votes

British · England · Age 31

Ocean Drive Classics, Unit 7b, Shirley, B90 4NP

Notified 02/05/2018

CompanyRankvs 22196+ SIC 45112 peers
27

Financial strength1th percentile among SIC peers · 0/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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 31/05/2025

Net Worth

-£198k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£203k

Working capital

Current Assets

£113k

Current Liabilities

£316k

Fixed Assets

£12k

0avg. employees

Balance Sheet

Assets less current liabilities-£191k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.36-£51k
20240.40-£54k
20230.42-£35k
20220.36-£17k
20210.41-£17k
20200.51-£14k
20190.41

Derived from filed accounts. Not audited figures.