Company Number: 13546644

Analysis Date: 2025-07-29 18:46 UTC

1. Risk Rating: LOW
   OCEANEZ LTD demonstrates a positive net asset position with consistent growth in net current assets and shareholders’ funds over the past three years. The company is compliant with filing deadlines and maintains a stable director structure, indicating low immediate risk of insolvency or regulatory issues.

2. Key Concerns:

• Limited workforce: The company operates with only one employee, which may raise concerns about operational scalability and dependency on key individuals.
• Micro-entity status: While this reduces filing complexity, it limits transparency and the depth of financial disclosures available for thorough risk assessment.
• Concentrated control: Both significant controllers are also directors, which could pose governance risks if conflicts of interest arise or if succession planning is inadequate.

3. Positive Indicators:

• Strong liquidity: Net current assets increased from £20,523 in 2023 to £34,799 in 2024, indicating good short-term liquidity and ability to meet current obligations.
• Growing asset base: Fixed assets increased substantially in 2024, suggesting investment in operational capacity or long-term resources.
• Timely compliance: All statutory filings, including accounts and confirmation statements, are up to date with no overdue notices, reflecting sound governance practices.

4. Due Diligence Notes:

• Review the nature of fixed assets added in 2024 to understand capital expenditure and its impact on operations and cash flow.
• Assess cash flow statements and profit and loss accounts (if available) to evaluate operational profitability and cash generation, as these are not disclosed in micro-entity filings.
• Investigate the business model sustainability given the minimal employee count and reliance on directors for management and operations.
• Confirm absence of any undisclosed liabilities or contingent risks not reflected in micro-entity accounts.