# OCEAN WELLS LIMITED (SC405467)

> OCEAN WELLS LIMITED is an active private limited company (company number SC405467) incorporated on 16 August 2011, registered in Banchory. Its registered activity is management consultancy activities other than financial management (SIC 70229). Latest small accounts cover the period ending 31 March 2025, showing net assets of £175k and cash of £177k, with 1 employee on average. Net assets fell 13% on the prior period (£202k).

- Status: Active
- Incorporated: 2011-08-16
- Registered office: Banchory, AB31 4ET
- SIC 70229: Management consultancy activities other than financial management
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-08-30
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 815 comparable companies in Aberdeen (median £8,479, upper quartile £49k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £175k | £177k | £432 | — | — | — | 1 |
| 2024-03-31 | £202k | £217k | £25k | — | — | — | — |

size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £175,173 at 31 March 2025
- Cash at bank of £50,000 or more: Cash £176,803
- Incorporated five or more years ago: Incorporated 16 August 2011

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mrs Julia Brewster Morgan — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-07-01
- Mr Colin Morgan — owns 50–75% of shares; holds 50–75% of voting rights, since 2025-08-31

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/SC405467
HTML: https://firmoscan.com/company/SC405467-ocean-wells-limited