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Ocean Charge Ltd

15386303

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

20 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 04/01/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

35140
Trade of electricity

Officers

Scott Dann

director · Since 02/01/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 6 other boards

Persons with Significant Control

Ocean Energy Group Limited

Significant control

20, Wenlock Road, London, N1 7GU

Reg: 15382416 · Companies House · Limited Company

Notified 26/03/2024

Former PSCs

Shaun Gibson

Ceased 25/11/2024

CompanyRankvs 1845+ SIC 35140 peers
18

Financial strength22th percentile among SIC peers · 6/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength6/25 pts

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

Employees3/15 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.

Longevity2/15 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

financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.3 Going concern The financial statements are prepared on the going concern basis. Management has assessed the company’s ability to continue as a going concern using all available information and has con

Key FinancialsYear ending 31/01/2025

Net Worth

£1

Balance sheet strength

Cash

£982

Cash in the bank

Net Current Assets

-£246k

Working capital

Current Assets

£14k

Current Liabilities

£260k

Fixed Assets

£1k

Debtors

£13k

0avg. employees

Balance Sheet

Assets less current liabilities-£245k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.05

Derived from filed accounts. Not audited figures.