The Firmwatch take
Ocean Minerals (sw) Ltd (09470704) currently shows: Watch signal detected, based on accounts to 31 March 2025; last refreshed 24 May 2026. A strike-off notice has been published. The company can still trade until the second gazette.
Companies House source·Accounts to 31 Mar 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
1 public risk event on file
Pulse · Net assets, 2024–2025
↗ £9kIncorporated
4 March 2015
11 years on the register
Sector
Other mining and quarrying
SIC 08120 · matched to division
Size
Not classified
Net assets
£100
Bottom 30% in sector
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Thin net asset buffer
The company reports a small visible net asset position.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Risk events · monitored daily
1 event on the watchtower
- 3 Mar 2025
First gazette notice
London Gazette
Get alerted on any new event
If a new Gazette notice, insolvency filing or court order is published for Ocean Minerals (sw) Ltd, we'll email you once.
Money
What the balance sheet says
Net assets
£100
Bottom 30% in sector · sector median £7k · 3,753 filers in this sector
Cash
Not disclosed
Working cap.
−£9k
Median £11k
Current ratio
0.0×
Median 1.8×
Signals · 3
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Mining and Quarrying
How this company compares in 3,753 filers in this sector
Bottom 30% in sector — Ocean Minerals (sw) Ltd shows £100 in net assets. Sector median is £7k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Recent activity
Filings and risk events
- 03 Mar 2025First gazette notice
People
Who runs this company
- GL
GENGE, Leigh Geoffrey Head
director · since 2015
- LE
LAKEMAN, Edward James
director · since 2015
Registered office
Address intelligence
7 other companies registered here.
Common for accountants' offices and small business centres.
Address pattern · PL26 6PN
7 other UK companies registered at this postcode.
Active
6
Dissolved
0
Strike-off action
1
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.