OCEAN SHINE LTD

Company number 11260630 · Active (Active - Proposal to Strike off)

OCEAN SHINE LTD is a private limited company registered in LONDON, United Kingdom, incorporated on 16 Mar 2018. Its registered activity is retail sale of sports goods, fishing gear, camping goods, boats and bicycles. Its latest published accounts for the period ending 31 Jan 2024 show equity of −£11k, total assets of £53k. It has filed 5 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 76 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Cash ÷ assets3.5×0.0300733–0.187053 · 0.40 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent

Lowers the risk

Filing delay of last accounts (days)0.5×< 76 · 0.05 % became insolvent
Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent
Region0.6×N · 0.08 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 0.09 % became insolvent
Late filings0.8×0–1 · 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
11260630 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
16 Mar 2018 (9 years)
Registered address
N19 3AS LONDON
Postcode area
London North
Activity
47640 Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
Industry
Retail trade
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Jan 202415 Mar 2024– –−£11k£53k £911£1,6411
31 Jan 202315 Mar 2023– –£156£58k £4,190£6,4141
31 Jan 202215 Aug 2022– –−£14k£82k £23k£11k1
31 Jan 202115 Mar 2021– –−£15k£85k £25k£6,7101
31 Jan 202015 Jun 2020– –−£18k£84k £26k£3,585–

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

Similar companies in London North

Questions about OCEAN SHINE LTD

What is the company number of OCEAN SHINE LTD?

OCEAN SHINE LTD is registered under company number 11260630 in the official register of United Kingdom. View it at the official register.

Is OCEAN SHINE LTD still active?

Yes. OCEAN SHINE LTD is registered as active (status: Active - Proposal to Strike off).

Has OCEAN SHINE LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for OCEAN SHINE LTD in the official data.

How likely is OCEAN SHINE LTD to become insolvent?

Our model estimates a 0.00 % probability that OCEAN SHINE LTD becomes insolvent within the next 12 months (low risk). That is higher than 76 % of active companies in the United Kingdom.

When was OCEAN SHINE LTD founded?

OCEAN SHINE LTD was incorporated on 16 Mar 2018.

Where is OCEAN SHINE LTD registered?

OCEAN SHINE LTD's registered address is in N19 3AS LONDON (London North), United Kingdom.

What do the latest accounts of OCEAN SHINE LTD show?

The latest published accounts (period ending 31 Jan 2024) show equity of −£11k, total assets of £53k, 1 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 8 Nov 2026.