OCEAN SPEED LIMITED

Company number 02904030 · Active

OCEAN SPEED LIMITED is a private limited company registered in AXMINSTER, United Kingdom, incorporated on 2 Mar 1994. Its registered activity is other engineering activities. Its latest published accounts for the period ending 31 Mar 2025 show equity of −£34k. It has filed 6 sets of accounts. Our model estimates a 0.07 % probability that it becomes insolvent within 12 months, 0.6 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.07 %
Low risk
Lowest riskHighest risk

Higher than 91 % of active companies in the United Kingdom. 0.6× the average annual insolvency rate (0.12 %).

Raises the risk

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Days since last period end1.6×543–642 · 0.19 % became insolvent
Filing delay of last accounts (days)1.6×258–260 · 0.19 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
02904030 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
2 Mar 1994 (33 years)
Registered address
EX13 5AD AXMINSTER
Postcode area
Exeter
Activity
71129 Other engineering activities
Industry
Architecture and engineering
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Dec 2025– –−£34k– –£3570
31 Mar 202415 Dec 2024– –−£34k– –£3570
31 Mar 202315 Dec 2023– –−£33k£356 £34k£3561
31 Mar 202215 Dec 2022– –−£33k£356 £33k£3561
31 Mar 202115 Dec 2021– –−£33k£356 £33k£3561
31 Mar 202015 Sep 2020– –−£33k£356 £33k£356–

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about OCEAN SPEED LIMITED

What is the company number of OCEAN SPEED LIMITED?

OCEAN SPEED LIMITED is registered under company number 02904030 in the official register of United Kingdom. View it at the official register.

Is OCEAN SPEED LIMITED still active?

Yes. OCEAN SPEED LIMITED is registered as active (status: Active).

Has OCEAN SPEED LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for OCEAN SPEED LIMITED in the official data.

How likely is OCEAN SPEED LIMITED to become insolvent?

Our model estimates a 0.07 % probability that OCEAN SPEED LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 91 % of active companies in the United Kingdom.

When was OCEAN SPEED LIMITED founded?

OCEAN SPEED LIMITED was incorporated on 2 Mar 1994.

Where is OCEAN SPEED LIMITED registered?

OCEAN SPEED LIMITED's registered address is in EX13 5AD AXMINSTER (Exeter), United Kingdom.

What do the latest accounts of OCEAN SPEED LIMITED show?

The latest published accounts (period ending 31 Mar 2025) show equity of −£34k, 0 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 9 Nov 2026.