Oceans Care Services Ltd.

Oceans Care Services Ltd, based in Oldbury, UK, is a small, family-run business with an active status, celebrating 19 years since its founding. Employing 15 people, the company holds £8,822 in assets and operates from a real address, managed by three directors and three owners. Boasting a perfect 5.0 Google rating from three reviews, it’s a well-regarded local provider.

The company’s website reveals it offers home care services across Lancashire, with locations in Blackpool and Blackburn. It specializes in providing personalized in-home care, including personal care assistance, companion care, and respite care, catering to both seniors and those with disabilities. The website highlights a commitment to quality, comfort, and dignity, with a focus on experienced staff and a satisfaction guarantee. It even offers 24/7 availability.

Financially, Oceans Care Services Ltd presents a mixed picture. While bank borrowings decreased by 30% to £25,000, cash reserves plummeted 60% to a mere £8,800. Current assets also experienced a significant drop, falling 68% to £8,800. However, creditors decreased by 30%, suggesting improved debt management. The company’s size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity—retained earnings and accumulated losses—is notable. Loans from directors, however, increased by a staggering 260% to -£39,000. With no auditor mentioned, the figures are unaudited.

The increase in employees, from 15 to 25, is also interesting, suggesting growth, but it will be important to see if this translates into improved financial performance. The company’s focus on compassionate care and its strong Google rating are positive signs, but the financial data indicates a need for careful management.

Registered in England/Wales under the registration number 05573860, with a registered address at B68 8PX, England, Oldbury, West Midlands, 3 Leahouse Gardens.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
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