Company Overview
Ocean Hydraulics (Uk) Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 25 October 2012, so this is a well established company. Ocean Hydraulics (Uk) Limited has been in business for 13 years and 5 months. The accounts status is total exemption full and the accounts are next due on Friday 31 July 2026.
Registered Address

Nansgwellan Stamps Lane, Illogan Highway, Redruth, TR15 3JY
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Companies House Data
Company NameOCEAN HYDRAULICS (UK) LIMITED
Company Number08268390
Registered Office AddressNansgwellan Stamps Lane
 Illogan Highway
 TR15 3JY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date25/10/2012
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2026
Accounts Last Made Up Date31/10/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date22/11/2016
Returns Last Made Up Date25/10/2015
Directors & Members
Show Resigned
Michael Curnow - Director
(British, 64 years old, born July 1962)
Appointed 25 October 2012
 Active
Secretaries
June Curnow - Secretary
Appointed 25 October 2012
 Active
Other Company Directorships
Michael Curnow
OCEAN HYDRAULICS LIMITED
OCEAN HYDRAULICS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Balance Sheet
Fixed Assets 5,369 5,369 7,034
Current Assets 24,164 24,164 29,154
Creditors Due Within One Year 14,044 14,044 18,837
Working Cap 10,120 10,120 10,317
Total Assets Less Current Liabilities 15,489 15,489 17,351
Long-term Liabilities 15,488 15,488 17,350
Net Assets 1 1 1
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1 1 1
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets 18.2% 18.2% 19.4%
Stocks Inventory - - -
Debtors 64.2% 64.2% 80.6%
Cash Bank In Hand 17.6% 17.6% -
Current Assets 81.8% 81.8% 80.6%
Creditors Due Within One Year 47.6% 47.6% 52.1%
Net Current Assets Liabilities 34.3% 34.3% 28.5%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 0.0% 0.0% 0.0%
Capital Employed - - -
Total Assets Less Current Liabilities 52.4% 52.4% 47.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Liquidity Ratio 1.7 1.7 1.5
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Assets 29,533 29,533 36,188
Debt 29,532 29,532 36,187
Net Assets/Debt 1 1 1

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around TR15 3JY
No other companies found in the same location
Document Filings
Confirmation statement made on 6 October 2025 with no updates
Confirmation statement made on 25 October 2024 with no updates
Confirmation statement made on 25 October 2023 with no updates
Confirmation statement made on 25 October 2022 with no updates
Confirmation statement made on 25 October 2021 with no updates
Registered office address changed from 10 Chili Road Illogan Highway Redruth TR15 3JU England to Nansgwellan Stamps Lane Illogan Highway Redruth TR15 3JY on 8 March 2021
Confirmation statement made on 25 October 2020 with no updates
Confirmation statement made on 25 October 2019 with no updates
Registered office address changed from Unit 16 Dowren House Foundry Lane Hayle Cornwall TR27 4HD United Kingdom to 10 Chili Road Illogan Highway Redruth TR15 3JU on 26 March 2019
Confirmation statement made on 25 October 2018 with no updates
Registered office address changed from Office B Edwards Offices Gweal Pawl Redruth Cornwall TR15 3AE England to Unit 16 Dowren House Foundry Lane Hayle Cornwall TR27 4HD on 10 August 2018
Registered office address changed from Unit 3a Carn Brea Business Park Wilson Way Redruth Cornwall TR15 3RR to Office B Edwards Offices Gweal Pawl Redruth Cornwall TR15 3AE on 15 November 2017
Confirmation statement made on 25 October 2017 with updates
Confirmation statement made on 25 October 2016 with updates
Annual return made up to 25 October 2015 with full list of shareholders
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