Oldham Engineering Limited
02808484
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/06/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 1 other board
Persons with Significant Control
Former PSCs
Mr Andrew James Dunigan
Ceased 25/11/2025
Mrs Melanie Dunigan
Ceased 25/11/2025
Charges1 outstanding
CBA CORPORATE SERVICES (NSW) PTY LIMITED AS SECURITY TRUSTEE
CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY) (COMPANY NUMBER SC001111)
THE TRUSTEES OF THE OLDHAM ENGINEERING LIMITED SSAS
THE TRUSTEES OF THE OLDHAM ENGINEERING LIMITED SSAS
THE TRUSTEES OF THE OLDHAM ENGINEERING LIMITED SSAS
THE TRUSTEES OF THE OLDHAM ENGINEERING LIMITED SSAS
OLDHAM ENGINEERING LIMITED SSAS
CLYDESDALE BANK PLC
GE COMMERCIAL FINANCE LIMITED (SECURITY HOLDER)
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
OLDHAM ECONOMIC DEVELOPMENT ASSOCIATION LIMITED
FORWARD TRUST LIMITED
MIDLAND BANK PLC
CompanyRankvs 96+ SIC 28290 peers62
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 30/09/2024
Turnover
£25.4M
Annual revenue
Net Worth
£11.4M
Balance sheet strength
Cash
£1.0M
Cash in the bank
Profit Before Tax
£4.0M
Bottom line earnings
Net Current Assets
£4.1M
Working capital
Current Assets
£16.1M
Current Liabilities
£12.0M
Fixed Assets
£9.5M
Debtors
£12.2M
Cost of Sales
£15.2M
Gross Profit
£10.2M
Admin Expenses
£5.0M
Operating Profit
£4.0M
Profit After Tax
£2.9M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.34 | +£2.2M |
| 2023 | 1.70 | +£2.6M |
| 2022 | 1.72 | +£1.5M |
| 2021 | 2.59 | +£1.9M |
| 2020 | 1.56 | +£1.3M |
| 2019 | 1.07 | +£678k |
| 2018 | 0.89 | — |
Derived from filed accounts. Not audited figures.