£1.27m
−16%vs Oct 2024Active04974921Private limited companyPeterlee
ORACLE DRIVE SYSTEMS LIMITED
Significant control: Veruth Holdings Limited (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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Registered activity: Engineering design activities for industrial process and production (SIC 71121). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
ORACLE DRIVE SYSTEMS LIMITED is an active private limited company (company number 04974921) incorporated on 25 November 2003, registered in Peterlee. Its registered activity is engineering design activities for industrial process and production (SIC 71121). Latest abridged accounts cover the period ending 31 October 2025, showing net assets of £1.27m and cash of £91k, with 15 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 16% on the prior period (£1.52m).
Peer position · net assets
By net assets it sits in the top quarter of 146 comparable companies in Newcastle (median £5,656, upper quartile £37k).
02
Ownership and control
- Veruth Holdings Limited
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Mrs Joanne Dawn Mullins
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mr John Martin Mullins
- owns 50–75% of shares
- holds 50–75% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 25 November 200322 yrs ago
- Next accounts due
- 31 July 2027in 275 days
- Confirmation statement due
- 9 December 2026in 41 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 71121
- Engineering design activities for industrial process and production
- Accounts type
- Unaudited Abridged
- Size band
- SmallCompanies Act thresholds
05
Financials
£91k
−58%vs Oct 2024Not disclosed
15
−6%vs Oct 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 October 2025 | £1.27m | £91k | £614k | — | — | — | 15 |
| 31 October 2024 | £1.52m | £217k | £641k | — | — | — | 16 |
Cash per employee£6,047Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £1,273,585 at 31 October 2025
- Cash at bank of £50,000 or moreCash £90,705
- Incorporated five or more years agoIncorporated 25 November 2003
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Next accounts duein 275 days
- Confirmation statement duein 41 days
- Accounts period endNet assets £1.27m · abridged accounts
- Accounts period endNet assets £1.52m · abridged accounts
- Incorporated
08
Similar companies in Newcastle
- AGGRO DESIGN LIMITEDNewcastle Upon Tyne · inc. Apr 2003
- RORO DESIGN LIMITEDWallsend · inc. Dec 2002
- DOXFORD ENGINEERING LIMITEDSunderland · inc. Nov 2004
- G A & R C DETAILING LTDNewcastle Upon Tyne · inc. May 2002
- HARDY AEROSPACE LIMITEDNorth Shields · inc. Jun 2005
- AFFORDABELL ACCESS LIMITEDHebburn · inc. Mar 2006
All companies incorporated on 25 November 2003 · in Nov 2003.
09
Reminders for ORACLE DRIVE SYSTEMS LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.