OCEAN PAY LTD

Company number 12045431 · Active (Active - Proposal to Strike off)

OCEAN PAY LTD is a private limited company registered in PLYMOUTH, United Kingdom, incorporated on 11 Jun 2019. Its registered activity is other information technology service activities. Its latest published accounts for the period ending 30 Jun 2022 show equity of £27k, total assets of £128k. It has filed 3 sets of accounts, 1 of them after the deadline. 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

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent

Lowers the risk

Region0.9×PL · 0.10 % 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
12045431 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
11 Jun 2019 (7 years)
Registered address
PL1 1PA PLYMOUTH
Postcode area
Plymouth
Activity
62090 Other information technology service activities
Industry
Computer programming and consultancy
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Jun 202215 Mar 2023– –£27k£128k £81k–2
30 Jun 202115 Mar 2022– –£33k£83k £30k–2
30 Jun 202015 May 2021– –−£6,264£8,353 £15k–0

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

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Questions about OCEAN PAY LTD

What is the company number of OCEAN PAY LTD?

OCEAN PAY LTD is registered under company number 12045431 in the official register of United Kingdom. View it at the official register.

Is OCEAN PAY LTD still active?

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

Has OCEAN PAY LTD gone bankrupt or into insolvency?

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

How likely is OCEAN PAY LTD to become insolvent?

Our model estimates a 0.00 % probability that OCEAN PAY 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 PAY LTD founded?

OCEAN PAY LTD was incorporated on 11 Jun 2019.

Where is OCEAN PAY LTD registered?

OCEAN PAY LTD's registered address is in PL1 1PA PLYMOUTH (Plymouth), United Kingdom.

What do the latest accounts of OCEAN PAY LTD show?

The latest published accounts (period ending 30 Jun 2022) show equity of £27k, total assets of £128k, 2 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.