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Oracle Drive Systems Limited

04974921

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

Unit B1 Wear House Birchwood Drive, Bracken Hill Business Park, Peterlee, SR8 2RS
Incorporated 25/11/2003

Compliance

Last accounts

31/10/2025

unaudited abridged

Next accounts due

31/07/2027

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 56

Mr David Martin Sheridan

director · Since 06/11/2020

DIRECTOR

BRITISH · ENGLAND · Age 76

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

John Martin Mullins

director · Since 25/11/2003

British · United Kingdom · Age 56

David Martin Sheridan

director · Since 06/11/2020

British · England · Age 76

Andrew Michael Withers

director · Since 02/01/2025

English · England · Age 44

Hillary Ann Sheridan

director · Since 31/03/2025

English · England · Age 42

Former

Swift Incorporations Limited

corporate nominee secretary · Resigned 25/11/2003

Jonathan Charles Ash

director · Resigned 15/04/2010

Jonathan Charles Ash

secretary · Resigned 15/04/2010

Peter Leslie Morgan

director · Resigned 22/08/2013

Joanne Dawn Mullins

director · Resigned 06/11/2020

Trevor Ronald Holder

director · Resigned 31/03/2024

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

Change History

statusactive
2026-08-23

Active

typeltd
2026-08-23

Private Limited Company

address line1Unit B1 Wear House Birchwood Drive
2026-08-23

UNIT B1 WEAR HOUSE BIRCHWOOD DRIVE

post townPeterlee
2026-08-23

PETERLEE

officer appointedMULLINS, John Martin
2026-08-23
officer appointedSHERIDAN, David Martin
2026-08-23
officer appointedSHERIDAN, Hillary Ann
2026-08-23
officer appointedWITHERS, Andrew Michael
2026-08-23

CompanyRankvs 55+ SIC 71121 peers
89

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 7.73× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

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

£1.3M

Balance sheet strength

Cash

£91k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.4M

Current Liabilities

£187k

Fixed Assets

£26k

Debtors

£614k

15avg. employees-1

Balance Sheet

Intangible assets£7k
Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20257.73-£251k
202411.16-£55k
20236.79

Derived from filed accounts. Not audited figures.