Oracle Drive Systems Limited

  • Small
  • Holding
  • Active
  • 21 years
  • 14 employees
  • £1,836,252 (assets)
  • Real address
  • 4 directors
  • 1 owner
  • Irregular importer
  • Regular exporter
  • E-commerce

Field of Operation

Engineering design activities for industrial process and production
71121 12766 companies

Social media

Summary

Oracle Drive Systems Ltd, based in Peterlee, UK, is a small holding company with an active status, having been founded 21 years ago. The company employs 14 people and holds £1,836,252 in assets. It has a real address and is overseen by four directors and one owner, operating an e-commerce site. The company is an irregular importer of electrical machinery and equipment, with one month of imports recorded, and a regular exporter, boasting 16 months of export activity.

The company’s website, Oracle Drives and Automation, showcases a diverse range of services related to industrial automation and electrical engineering. They offer everything from design and repair of drives to commissioning, consultancy, and even thermal imaging surveys. The site highlights their expertise in PLC, SCADA, and variable speed drives, catering to both end-users and OEMS. They even have a panel shop and offer yearly contract offers with discounts. The site also features case studies demonstrating their work, and a news section highlighting company milestones like 20 years of innovation and a new regional office opening. They offer worldwide shipping and same day dispatch on stocked products.

Financially, Oracle Drive Systems Ltd presents a mixed picture. Current assets increased by 20% to £1,800,000, while net assets rose by 15% to £1,600,000. However, cash bank on hand dropped significantly by 48% to £210,000. Creditors increased by 45% to £270,000, and trade debtors remained relatively stable. Fixed assets decreased by 54% to £21,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of a mentioned auditor is likely due to its small size.

Overall, Oracle Drive Systems Ltd appears to be a stable, albeit somewhat cash-constrained, operation. The increase in creditors suggests they may be relying on credit to manage their business, but the growth in assets and net assets indicates a healthy core business. The company’s diverse range of services and commitment to customer support position it well for continued success.

Registered in England/Wales under the registration number 04974921, with a registered address at SR8 2RS, England, Peterlee, Durham, Unit B1 Wear House Birchwood Drive, Bracken Hill Business Park.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.

Owners & PSC

  • 4 years
  • 3
  • 75%+
  • 🇬🇧

Managers

Technical director
  • 4 years
  • 9
  • 🇬🇧
Director
  • 4 years
  • 1
  • 🇬🇧
Director
  • 21 years
  • 🇬🇧
Senior commissioning engineer

Last reports

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Download the last confirmation report
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Last news

  1. Confirmation statement made on 2025-02-11 with no updates
  2. Appointment of Mr Andrew Michael Withers as a director on 2025-01-02
  3. Registered office address changed from Unit 31 Batley Business Park Technology Drive Batley West Yorkshire WF17 6ER to Unit B1 Wear House Birchwood Drive Bracken Hill Business Park Peterlee Durham SR8 2RS on 2024-11-23
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Importer profile by HS codes

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Last imported products

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Last purchased: 2023-05-01

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Exporter profile by HS codes

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Last exported products

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Last exported: 2025-03-01
Last exported: 2025-02-01
Last exported: 2024-10-01
Last exported: 2024-08-01
Last exported: 2024-07-01
Last exported: 2023-01-01
Last exported: 2021-02-01
Last exported: 2020-10-01

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