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Xocean Uk Limited

11930735

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 08/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61300
Satellite telecommunications activities

Officers

Mr James Ives

director · Since 08/04/2019

CEO AND ENGINEER

ENGLISH · IRELAND · Age 53

Also on 1 other board

Ms Karen May

director · Since 16/05/2025

CFO

IRISH · IRELAND · Age 53

Persons with Significant Control

Xocean Limited

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

Xocean Limited, Greenore, County Louth

Reg: 599121 · Companies Registration Office · Limited Company

Notified 08/04/2019

CompanyRankvs 515+ SIC 61300 peers
43

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity7 years trading (max 15) · 7/15
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.

Employees15/15 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.

Longevity7/15 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 31/12/2023

Net Worth

-£1.3M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

£6.7M

Current Liabilities

£8.0M

Fixed Assets

£79k

Debtors

£5.4M

46avg. employees+8

Balance Sheet

Intangible assets£0
Assets less current liabilities-£1.3M
Signed by 2023-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20230.83+£288k
20220.59-£1.3M
20210.84-£127k
20200.48-£150k
20190.46

Derived from filed accounts. Not audited figures.