£4,197
−44%vs Dec 2023Active11479581Private limited companyNewcastle Upon Tyne
OILTECH BEARINGS LTD
Significant control: Patrick Charles Chester (50–75%), Paul Harris (25–50%) and 2 more
From public filings as at 31 Aug 2026; may contain errors or be out of date.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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What does Oiltech Bearings Ltd sell?
Registered activity: Manufacture of bearings, gears, gearing and driving elements (SIC 28150). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
OILTECH BEARINGS LTD is an active private limited company (company number 11479581) incorporated on 24 July 2018, registered in Newcastle Upon Tyne. Its registered activity is manufacture of bearings, gears, gearing and driving elements (SIC 28150). Latest small accounts cover the period ending 31 December 2024, showing net assets of £4,197 and cash of £11k, with 9 employees on average. Net assets fell 44% on the prior period (£7,489).
Peer position · net assets
By net assets it sits in the lower half of 154 comparable companies in the UK (median £28k, upper quartile £465k).
02
Ownership and control
- Mr Patrick Charles Chester
- owns 50–75% of shares
- owns 50–75% of shares
- holds 50–75% of voting rights
- holds 50–75% of voting rights
- can appoint or remove directors
- Mr Paul Harris
- owns 25–50% of shares
- holds 25–50% of voting rights
- Dr Keith Ian Chester
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mrs Gillian Harris
- owns 25–50% of shares
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
- 24 July 20188 yrs ago
- Next accounts due
- 30 September 202625 days overdue
- Confirmation statement due
- 7 August 2027in 286 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 28150
- Manufacture of bearings, gears, gearing and driving elements
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£11k
+305%vs Dec 2023Not reported
9
+50%vs Dec 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | £4,197 | £11k | £99k | — | — | — | 9 |
| 31 December 2023 | £7,489 | £2,829 | £82k | — | — | — | 6 |
Cash per employee£1,272Cash ÷ 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 £4,197 at 31 December 2024
- Net assets down 25% or more on the prior period-44.0% vs prior period
- Incorporated five or more years agoIncorporated 24 July 2018
- Accounts past their due dateDue 30 September 2026
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
- Confirmation statement duein 286 days
- Next accounts due25 days overdue
- Accounts period endNet assets £4,197 · small accounts
- Accounts period endNet assets £7,489 · small accounts
- Incorporated
08
Similar companies in Newcastle
- MICHELL BEARINGS LIMITEDNewcastle Upon Tyne · inc. Jan 2015
- DONTYNE GEARS LTDTurbine Business Park · inc. Jun 2013
- GRATIANLUYSFRANCESCA TRANSPOTR&CONSTRUCTION LIMITEDNewcastle Upon Tyne · inc. Jul 2026
- ALLOY WHEEL MOBILE LTDJarrow · inc. Aug 2026
- ALGERNON PRECISION ENGINEERING LIMITEDGateshead · inc. Jul 2001
- THYSSENKRUPP ROTHE ERDE UK LTD.Peterlee · inc. Nov 1975
All companies incorporated on 24 July 2018 · in Jul 2018.
09
Reminders for OILTECH BEARINGS LTD
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