Ind Ocean Limited
13489590
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/10/2021
DIRECTOR
GREEK · GREECE · Age 43
Also on 14 other boards
director · Since 11/10/2021
DIRECTOR
BRITISH · SWITZERLAND · Age 63
Also on 3 other boards
director · Since 04/04/2024
CHIEF OPERATING OFFICER
BRITISH · ENGLAND · Age 48
Also on 124 other boards
Persons with Significant Control
Handymax Holdco Limited
69-71, Wembley Hill Road, Wembley, HA9 8BU
Reg: 13372276 · Companies House · Private Limited Company
Notified 11/10/2021
Former PSCs
Union Maritime Limited
Ceased 11/10/2021
Charges0 outstanding
PIRAEUS BANK S.A.
PIRAEUS BANK S.A.
PIRAEUS BANK S.A.
PIRAEUS BANK S.A.
PIRAEUS BANK S.A.
CompanyRankvs 90064+ SIC 82990 peers43
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going concern are d
Key FinancialsYear ending 31/12/2023
Turnover
£6.4M
Annual revenue
Net Worth
£4.6M
Balance sheet strength
Cash
£381k
Cash in the bank
Profit Before Tax
£2.7M
Bottom line earnings
Net Current Assets
-£642k
Working capital
Current Assets
£685k
Current Liabilities
£1.3M
Fixed Assets
£10.5M
Debtors
£224k
Cost of Sales
£412k
Gross Profit
£6.0M
Admin Expenses
£2.3M
Operating Profit
£3.2M
Profit After Tax
£2.7M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.52 |
Derived from filed accounts. Not audited figures.