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Ocean Properties (Cardiff) Limited

11627990

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)
  • Going concern doubt noted in accounts (-10)

Details

8 MOUNTJOY PLACE, PENARTH, CF64 2TB
Incorporated 17/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Adrian Sean Hancock

director · Since 17/10/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 17 other boards

Mr Colin Christopher Robinson

director · Since 17/10/2018

DIRECTOR

BRITISH · ENGLAND · Age 79

Also on 5 other boards

Persons with Significant Control

Mr Adrian Sean Hancock

25–50% shares
25–50% votes

British · United Kingdom · Age 58

Ground Floor Office Suite, Ocean Buildings, Cardiff Bay, CF10 5AY

Notified 17/10/2018

Mr Colin Christopher Robinson

25–50% shares
25–50% votes

British · England · Age 79

Ground Floor Office Suite, Ocean Buildings, Cardiff Bay, CF10 5AY

Notified 17/10/2018

CompanyRankvs 106446+ SIC 68100 peers
33

Financial strength1th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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106446Ocean Properties (Cardiff) Limited
38
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.

Employees14/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/10/2025

Net Worth

-£801k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£137k

Working capital

Current Assets

£622k

Current Liabilities

£759k

Fixed Assets

£253k

Debtors

£520k

3avg. employees

Balance Sheet

Assets less current liabilities£117k
Signed by Mr A Hancock,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.82-£18k
20240.58-£160k
20230.77-£129k
20220.74-£213k
20211.69+£6k
20201.08-£198k
20190.47—

Derived from filed accounts. Not audited figures.