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Oceanway Care Ltd

15229702

active
ltd
england wales
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)

Details

Suit 2.11 259-269 Winchester House Old Marylebone Road, London, NW1 5RA
Incorporated 23/10/2023

Previously known as

Oceanway Care Home Castle Bromwich Ltd · until 30/10/2024
Oceanway Care Home Ltd · until 02/10/2024

Compliance

Last accounts

31/10/2025

micro entity

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 01/07/2025

Due 15/07/2026

Overdue

Industry

87900
Other residential care activities

Officers

Mr Khurram Shahzad Abbasi

director · Since 23/10/2023

BUSINESS EXECUTIVE

BRITISH · ENGLAND · Age 59

Also on 16 other boards

Mr Sohail Shahzad

director · Since 04/02/2026

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Khurram Shahzad Abbasi

director · Since 23/10/2023

British · England · Age 59

Sohail Shahzad

director · Since 04/02/2026

British · England · Age 62

Persons with Significant Control

Mr Khurram Abbasi

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 59

40, Waverley Road, London, E17 3LQ

Notified 23/10/2023

Change History

statusactive
2026-07-08

Active

typeltd
2026-07-08

Private Limited Company

address line1Suit 2.11 259-269 Winchester House Old Marylebone Road
2026-07-08

SUIT 2.11 259-269 WINCHESTER HOUSE

post townLondon
2026-07-08

LONDON

CompanyRankvs 11026+ SIC 87900 peers
26

Financial strength9th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees0/15 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.

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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

-£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£52k

Current Liabilities

£74k

Fixed Assets

£5k

Balance Sheet

Assets less current liabilities-£17k
Signed by Mr Khurram Abbasi 1 June 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.69
20240.86

Derived from filed accounts. Not audited figures.