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Oceanway Childcare Ltd

15363751

active
ltd
england wales
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)

Details

259-269 Winchester House Old Marylebone Road, Office No 2.11, London, NW1 5RA
Incorporated 20/12/2023

Previously known as

Oceanway Care And Management Services Ltd · until 12/05/2026
Oceanway Essex Care Home Ltd · until 02/10/2024

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/12/2025

Due 19/12/2026

On track

Industry

87100
Residential nursing care facilities
87200
Residential care activities for mental health, substance abuse and intellectual disabilities
87300
Residential care activities for the elderly and disabled
87900
Other residential care activities

Officers

Mr Khurram Shahzad Abbasi

director · Since 20/12/2023

BUSINESS EXECUTIVE

BRITISH · ENGLAND · Age 59

Also on 16 other boards

Khurram Shahzad Abbasi

director · Since 20/12/2023

British · England · Age 59

Persons with Significant Control

Mr Khurram Abbasi

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

British · United Kingdom · Age 59

40, Waverley Road, London, E17 3LQ

Notified 20/12/2023

Change History

statusactive
2026-07-08

Active

nameOCEANWAY CHILDCARE LTD
2026-07-08

OCEANWAY CARE AND MANAGEMENT SERVICES LTD

typeltd
2026-07-08

Private Limited Company

address line1259-269 Winchester House Old Marylebone Road
2026-07-08

6 FIFTH AVENUE

post townLondon
2026-07-08

LONDON

postcodeNW1 5RA
2026-07-08

E12 6DA

CompanyRankvs 4862+ SIC 87100 peers
30

Financial strength5th percentile among SIC peers · 1/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.13× · 2/20
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 strength1/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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 31/12/2024

Net Worth

-£43k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£43k

Working capital

Current Assets

£6k

Current Liabilities

£50k

2avg. employees

Balance Sheet

Assets less current liabilities-£43k
Signed by Mr Khurram Abbasi 12 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.13

Derived from filed accounts. Not audited figures.