OCEAN CHOICES CIC

Company number 09608732 · Active

OCEAN CHOICES CIC is a community interest company registered in SOUTH SHIELDS, United Kingdom, incorporated on 26 May 2015. Its registered activity is social work activities without accommodation for the elderly and disabled. Its latest published accounts for the period ending 31 May 2025 show equity of £65k, total assets of £91k, turnover of £224k, a result of £27k. It has filed 2 sets of accounts. Our model estimates a 0.26 % probability that it becomes insolvent within 12 months, 2.2 times the average for active companies (high risk).

Insolvency risk, next 12 months

0.26 %
High risk
Lowest riskHighest risk

Higher than 94 % of active companies in the United Kingdom. 2.2× the average annual insolvency rate (0.12 %).

Raises the risk

Operating margin3.2×0.0315141–0.149908 · 0.37 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Turnover growth2.0×0.0249257–0.255721 · 0.24 % became insolvent
Cash ÷ assets2.0×0.187053–0.578498 · 0.24 % became insolvent
Equity (signed log)2.0×4.7115–5.52268 · 0.23 % became insolvent

Lowers the risk

Legal form0.2×Community Interest Company · 0.02 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % 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
09608732 · official register
Status
Active
Legal form
Community Interest Company
Incorporated
26 May 2015 (11 years)
Registered address
NE34 0NH SOUTH SHIELDS
Postcode area
Newcastle upon Tyne
Activity
88100 Social work activities without accommodation for the elderly and disabled
Industry
Social work without accommodation
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202515 Feb 2026£224k £27k£65k£91k £1,122£41k5
31 May 202415 Feb 2025£201k £19k£39k£50k £0£40k5

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

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Questions about OCEAN CHOICES CIC

What is the company number of OCEAN CHOICES CIC?

OCEAN CHOICES CIC is registered under company number 09608732 in the official register of United Kingdom. View it at the official register.

Is OCEAN CHOICES CIC still active?

Yes. OCEAN CHOICES CIC is registered as active (status: Active).

Has OCEAN CHOICES CIC gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for OCEAN CHOICES CIC in the official data.

How likely is OCEAN CHOICES CIC to become insolvent?

Our model estimates a 0.26 % probability that OCEAN CHOICES CIC becomes insolvent within the next 12 months (high risk). That is higher than 94 % of active companies in the United Kingdom.

When was OCEAN CHOICES CIC founded?

OCEAN CHOICES CIC was incorporated on 26 May 2015.

Where is OCEAN CHOICES CIC registered?

OCEAN CHOICES CIC's registered address is in NE34 0NH SOUTH SHIELDS (Newcastle upon Tyne), United Kingdom.

What do the latest accounts of OCEAN CHOICES CIC show?

The latest published accounts (period ending 31 May 2025) show equity of £65k, total assets of £91k, turnover of £224k, a result of £27k, 5 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.