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Oceanic Motors Ltd

11465696

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk

No risk factors detected.

Details

7 GUN HILL, COVENTRY, CV7 8HA
Incorporated 16/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Simeon Oluwaseun Afolayan

director · Since 16/07/2018

TRADER

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Mr Simeon Oluwaseun Afolayan

75–100% shares
75–100% votes
Appoint directors
significant-influence-or-control-as-firm

British · England · Age 46

9, Rogers Road, Dagenham, RM10 8LD

Notified 16/07/2018

CompanyRankvs 24129+ SIC 45112 peers
25

Financial strength0th percentile among SIC peers · 0/25
Employees14th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
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.

Liquidity0/20 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 31/07/2025

Net Worth

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£50k

Working capital

Current Assets

Current Liabilities

£50k

Debtors

£50k

0avg. employees-1

Balance Sheet

Bank loans & overdrafts£50k
Assets less current liabilities£50k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£0
20239.91
202212.73
20217.89+£408
202015.30-£20k
2019Infinity

Derived from filed accounts. Not audited figures.