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Specialised Orthotic Services Limited

02996918

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

DRIVE DEVILBISS HEALTHCARE LIMITED SIDHIL BUSINESS PARK, HALIFAX, HX2 9TN
Incorporated 01/12/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery
86900
Other human health activities

Officers

Mr Richard James Mcgleenan

director · Since 23/01/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 5 other boards

Mr Simon Charles Rouen Adams

director · Since 01/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 12 other boards

Persons with Significant Control

Drive Devilbiss Healthcare Limited

75–100% shares

Drive Devilbiss Healthcare Limited, Sidhil Business Park, Halifax, HX2 9TN

Reg: 04301005 · Companies House · Limited Company

Notified 04/12/2018

Former PSCs

Drive Medical Limited

Ceased 18/12/2018

Charges1 outstanding

Charge
outstanding

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DELAWARE TRUST COMPANY

Created 14/01/2021Registered 18/01/2021Satisfied 28/04/2021
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JPMORGAN CHASE BANK, N.A. AS COLLATERAL AGENT FOR THE SECURED PARTIES

Created 14/01/2021Registered 17/01/2021Satisfied 18/11/2025
Charge
satisfied

HSBC BANK PLC

Created 23/01/2015Registered 30/01/2015Satisfied 01/06/2022
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satisfied

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Created 23/01/2015Registered 30/01/2015Satisfied 01/06/2022
charge
satisfied

HSBC BANK PLC

Created 16/02/2011Registered 17/02/2011Satisfied 07/04/2020
charge
satisfied

MIDLAND BANK PLC

Created 21/12/1995Registered 29/12/1995Satisfied 20/01/2015

CompanyRankvs 32+ SIC 28990 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.3× · 20/20
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 strength24/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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 31/12/2016

Turnover

£7.2M

Annual revenue

Net Worth

£5.2M

Balance sheet strength

Cash

£284k

Cash in the bank

Profit Before Tax

£929k

Bottom line earnings

Net Current Assets

£2.2M

Working capital

Current Assets

£3.1M

Current Liabilities

£950k

Fixed Assets

£3.1M

Debtors

£2.3M

Cost of Sales

£3.5M

Gross Profit

£3.8M

Admin Expenses

£2.7M

Operating Profit

£929k

Profit After Tax

£763k

96avg. employees

Tax at Year End

Corp tax£222k

People Costs

Wages & salaries£2.5M
NI contributions£104k

Balance Sheet

Assets less current liabilities£5.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20163.30

Derived from filed accounts. Not audited figures.