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Incredible Oceans Cic

14503610

active
Community Interest Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)

Details

BARN COTTAGE ROSE VALLEY, PENRYN, TR10 9JF
Incorporated 24/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74901
Environmental consulting activities
85590
Other education

Officers

Mr Russell Arnott

director · Since 24/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Ms Elissa May Phillips

director · Since 22/11/2024

DIRECTOR

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr Russell Arnott

Appoint directors

British · United Kingdom · Age 45

Barn Cottage, Rose Valley, Penryn, TR10 9JF

Notified 01/02/2023

Ms Elissa May Phillips

Appoint directors

British · England · Age 38

5, Valence Road, Lewes, BN7 1SH

Notified 22/11/2024

Former PSCs

Ms Claudia Allen

Ceased 22/11/2024

CompanyRankvs 5251+ SIC 74901 peers
45

Financial strength14th percentile among SIC peers · 4/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees10/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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 30/11/2024

Turnover

£38k

Annual revenue

Net Worth

-£380

Balance sheet strength

Cash

£5k

Cash in the bank

Profit Before Tax

-£10

Bottom line earnings

Net Current Assets

£2k

Working capital

Current Assets

£5k

Current Liabilities

£4k

Debtors

£400

Cost of Sales

£1k

Gross Profit

£36k

Admin Expenses

£40k

Operating Profit

-£10

2avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20241.32

Derived from filed accounts. Not audited figures.