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Oak Engineering Co. Limited

01483206

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

UNIT 7, VICTORIA INDUSTRIAL ESTATE, HEBBURN, NE31 1UB
Incorporated 05/03/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mrs Andrea Wood

secretary · Since 18/08/2006

SECRETARY

BRITISH · UNITED KINGDOM · Age 59

Also on 11 other boards

Mrs Andrea Wood

director · Since 18/08/2006

SECRETARY

BRITISH · UNITED KINGDOM · Age 59

Also on 11 other boards

Mr Richard Colin Wood

director · Since 18/08/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 4 other boards

Persons with Significant Control

Mr Richard Colin Wood

25–50% shares

British · United Kingdom · Age 59

Unit 7,, Victoria Industrial Estate, Hebburn, NE31 1UB

Notified 30/04/2016

Mrs Andrea Wood

25–50% shares

British · United Kingdom · Age 59

Unit 7,, Victoria Industrial Estate, Hebburn, NE31 1UB

Notified 30/04/2016

Charges3 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 22/09/2021Registered 01/10/2021
Charge
satisfied

BARCLAYS BANK PLC

Created 09/08/2017Registered 10/08/2017Satisfied 10/02/2025
charge
outstanding

BARCLAYS BANK PLC

Created 13/02/2013Registered 16/02/2013
charge
outstanding

BARCLAYS BANK PLC

Created 11/02/2013Registered 14/02/2013

CompanyRankvs 1713+ SIC 25620 peers
34

Financial strength3th percentile among SIC peers · 1/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2025

Net Worth

-£74k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£321k

Working capital

Current Assets

£85k

Current Liabilities

£405k

Fixed Assets

£421k

Debtors

£78k

8avg. employees-3

Tax at Year End(2023)

VAT£72k

Director Loans(2023)

Company owes directors£51k

Balance Sheet

Assets less current liabilities£100k
Signed by Mr Richard Wood 28/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.21-£107k
20240.30-£216k
20230.81+£57k£1.4M
20220.67-£19k£1.5M
20210.69+£3k
20200.86-£11k
20190.70-£14k
20181.00

Derived from filed accounts. Not audited figures.