California Ocean Northumbria Ltd

California Ocean Northumbria Ltd, based in Kendal, UK, is a small, active company founded four years ago. With a single employee and £71,574 in assets, it’s a solo founder operation led by a director and owner, Walker Paul Helme. The company operates from a real address and has a somewhat irregular trading pattern, importing toys, games, and sports equipment for one month in 2022, and exporting vehicles, parts, and accessories for one month in 2025. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website showcases a luxury campervan hire business, specializing in VW California Ocean T6.1 rentals. It targets customers seeking a boutique home away from home, emphasizing ultramodern technology, stunning design, and safety. The site promotes various campervan experiences, from special celebrations to exploring Northumberland and the Scottish Borders, and even offers extras like camping equipment and discounted campsite fees. The website gives the impression of a thriving business, but the financials tell a different story.

Looking at the company’s financial data, there's a concerning trend. Current assets have plummeted by a staggering 81%, dropping to just £72,000. Net assets have also experienced a dramatic decline, falling 87% to a mere £26,000. Cash reserves have vanished, decreasing 81% to £37,000. Bank borrowings have increased, and trade debtors have also increased. The company’s net current assets are now in the negative, indicating a potential liquidity problem. It’s also worth noting that the number of employees has doubled to two, which may reflect increased workload or operational expansion. With no auditor mentioned, the figures are unaudited.

While California Ocean Northumbria Ltd appears to be a well-branded business with a niche offering, the financial data suggests it’s burning through money. The company’s reliance on a single owner and director, coupled with the sharp decline in assets, raises questions about its long-term viability. It’s possible that the business is experiencing typical startup challenges, but the significant drop in cash reserves warrants close monitoring.

Registered in England/Wales under the registration number 12750726, with a registered address at LA9 4HW, United Kingdom, Kendal, Cumbria, 136 Highgate.

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