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Ocean Energy Pathway

15145460

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 18/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70210
70210

Officers

Ms. Rebecca Elizabeth Anne Williams

director · Since 18/09/2023

GLOBAL HEAD OF OFFSHORE WIND, GWEC

BRITISH · UNITED KINGDOM · Age 37

Ms. Kate Hughes

director · Since 18/09/2023

CEO, CHARITY

BRITISH · UNITED KINGDOM · Age 52

Dr Charles Alexander Howard Ogilvie

director · Since 18/09/2023

EXECUTIVE DIRECTOR, OEP

BRITISH · ENGLAND · Age 43

Also on 5 other boards

Mr. Benjamin Backwell

director · Since 18/09/2023

CEO, GWEC

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Mr Hubertus Den Rooijen

director · Since 18/04/2024

DIRECTOR

DUTCH · UNITED KINGDOM · Age 66

Also on 2 other boards

Ms Kavita Sinha

director · Since 18/07/2024

INTERNATIONAL AFFAIRS (DIRECTOR)

INDIAN · SOUTH KOREA · Age 58

Mr Adam Robert Bruce

director · Since 24/07/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Ms Karen Ruth Sack

director · Since 17/02/2026

AMERICAN · UNITED STATES · Age 57

CompanyRankvs 11200+ SIC 70210 peers
57

Financial strength91th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1120Ocean Energy Pathway
67
How is this score calculated?
Financial strength23/25 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.

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.

Longevity3/15 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

for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements, but with the proviso that a material uncertainty exists over the company's future revenue streams. 2.3. Turnover Turnover comprises of grants received in

Key FinancialsYear ending 31/12/2024

Net Worth

£130k

Balance sheet strength

Cash

£5.5M

Cash in the bank

Net Current Assets

£120k

Working capital

Current Assets

£5.6M

Current Liabilities

£5.5M

Fixed Assets

£13k

Debtors

£109k

7avg. employees

Balance Sheet

Assets less current liabilities£133k
Signed by C Ogilvie 17/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.02

Derived from filed accounts. Not audited figures.