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Olecranon Limited

04425317

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
70 / 100

Some Concerns

30/30
Filing
20/30
Financial
20/40
Risk
  • Active insolvency proceedings (-20)

Details

40 OAKLANDS, NEWCASTLE UPON TYNE, NE3 4YP
Incorporated 26/04/2002

Compliance

Last accounts

28/11/2025

micro entity

Next accounts due

28/08/2027

On track

Confirmation statement

Last: 26/04/2025

Due 10/05/2026

Overdue

Industry

86210
General medical practice activities

Officers

Karen Patricia Dearden

director · Since 16/08/2002

PHYSIOTHERAPIST

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Persons with Significant Control

Karen Patricia Dearden

25–50% shares

British · England · Age 59

C/O Kre (North) Limited, 7-8 Delta Bank Road, Gateshead, NE11 9DJ

Notified 06/04/2016

Former PSCs

Mr Neville Dearden

Ceased 19/09/2024

Insolvency History1 case

members voluntary liquidation01/04/2026

Paul Matthew Kings (practitioner) · Lynn Marshall (practitioner)

CompanyRankvs 52+ SIC 86210 peers
79

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.87× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -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

Insolvency history: -10 pts

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

Key FinancialsYear ending 28/11/2025

Net Worth

£597k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£642k

Working capital

Current Assets

£802k

Current Liabilities

£165k

Fixed Assets

£218

14avg. employees

Balance Sheet

Assets less current liabilities£642k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20254.87+£0
20254.87+£393k
20244.12+£83k
20232.33

Derived from filed accounts. Not audited figures.