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Oracle Drive Systems Limited

04974921

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT B1 WEAR HOUSE BIRCHWOOD DRIVE, PETERLEE, SR8 2RS
Incorporated 25/11/2003

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 11/02/2026

Due 25/02/2027

On track

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr John Martin Mullins

director · Since 25/11/2003

SENIOR COMMISSIONING ENGINEER

BRITISH · UNITED KINGDOM · Age 55

Mr David Martin Sheridan

director · Since 06/11/2020

DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 4 other boards

Mr Andrew Michael Withers

director · Since 02/01/2025

TECHNICAL DIRECTOR

ENGLISH · ENGLAND · Age 44

Mrs Hillary Ann Sheridan

director · Since 31/03/2025

DIRECTOR

ENGLISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Veruth Holdings Limited

75–100% shares
75–100% votes
Appoint directors

1st Floor Suite, 2 Salisbury Hall, St Albans, AL2 1BU

Reg: 00366924 · Companies House (England And Wales) · Private Company Limited By Shares

Notified 06/11/2020

Former PSCs

Mrs Joanne Dawn Mullins

Ceased 06/11/2020

Mr John Martin Mullins

Ceased 06/11/2020

Charges0 outstanding

Charge
satisfied

SANTANDER UK PLC

Created 06/11/2020Registered 16/11/2020Satisfied 31/01/2024

CompanyRankvs 29+ SIC 71121 peers
90

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 11.16× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£217k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£1.6M

Current Liabilities

£148k

Fixed Assets

£33k

Debtors

£641k

16avg. employees+2

Balance Sheet

Intangible assets£10k
Assets less current liabilities£1.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202411.16-£55k
20236.79+£200k
20228.17+£29k
20229.42+£98k
20215.43+£182k
20206.03+£180k
20195.53—

Derived from filed accounts. Not audited figures.