OCEALA LIMITED
Company number 01669351 · Monitor this company
Executive summary
Oceala Limited operates as a mid-tier intermediary in the UK recovered materials sector, generating approximately £14M in annualised revenue with a differentiated positioning around material quality assurance. While the company demonstrates financial resilience well above sector norms—evidenced by a current ratio exceeding 2:1 and a cash-heavy balance sheet—its operational returns are modest at 7.01% ROCE, reflecting the commodity-exposed, margin-pressured nature of factoring business models. The significant £5.13M dividend distribution to its parent, Gae Smith Group, signals confidence in cash generation but also raises questions about reinvestment strategy in a sector where regulatory complexity and quality requirements increasingly favour operators who invest in processing capability and vertical integration.
Shareholders' funds
£1
Balance sheet as at 2025-12-31
What it does
The principal activity of the company in the period under review was that of factoring of recovered materials and leasing of assets.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1982-10-05
- Employees
- 0 (2025 accounts)
- Registered office
- Kelsall House, Stafford Park 1, Telford, England, TF3 3BD
- Postcode
- TF3 3BD
- Capital
- 55 GBP
- Accounts category
- Micro
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-08-05
- Next due by
- 2027-08-19
Nature of business (SIC)
- 99999 Dormant Company
Officers 5 current · 8 resigned
Group structure 1 subsidiary
Controlled by G.A.E. SMITH (HOLDINGS) LIMITED — since 2025-10-14
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — Z3185153 (Tier 1), registered since 2012.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- http://www.oceala.com
Previous registered addresses 3
| Address | Changed on |
|---|---|
| FELDSPAR CLOSE, WARREN INDUSTRIAL ESTATE, ENDERBY LEICESTER, LE19 4SD | 2012-05-28 |
| 166 STATION ROAD, RATBY, LEICESTER, LE6 0JP | 1997-06-24 |
| 9 BELGRAVE ROAD, LONDON, SW1V 1QB | 1986-05-03 |
Among its peers
The largest employer
of 49 similar companies in TF, with 23 staff. Among the oldest 25% of its local peers.
Competitors Telford
This company ranks 121 among dormant company in Telford.
The class of 1982
35%
of the 697 companies in this sector incorporated in 1982 are still active today; 63% have since been dissolved.
A fact about the year, not a forecast for this company.