OAKLAND INNOVATION LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-02 (in 1mo)
Last made up 2025-05-19
Watchouts
None on the register
Cash
£683K
-7.2% vs 2023
Net assets
£2M
-39.3% vs 2023
Employees
22
-12% vs 2023
Profit before tax
-£1M
-8.9% vs 2023
Name history
Renamed 2 times since incorporation
- OAKLAND INNOVATION LTD 2009-12-29 → present
- OAKLAND INNOVATION AND INFORMATION SERVICES LTD 2000-10-19 → 2009-12-29
- OAKLAND CONSULTANCY AND PUBLISHING SERVICES LIMITED 1989-05-30 → 2000-10-19
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £2,219,000 | £1,105,000 | |
| Operating profit | -£1,123,000 | -£1,175,000 | |
| Profit before tax | -£1,000,000 | -£1,089,000 | |
| Net profit | -£1,014,000 | -£1,125,000 | |
| Cash | £736,000 | £683,000 | |
| Total assets less current liabilities | £2,610,000 | £1,585,000 | |
| Net assets | £2,598,000 | £1,578,000 | |
| Equity | £2,598,000 | £1,578,000 | |
| Average employees | 25 | 22 | |
| Wages | £2,086,000 | £1,687,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -50.6% | -106.3% | |
| Net margin | -45.7% | -101.8% | |
| Return on capital employed | -43.0% | -74.1% | |
| Gearing (liabilities / total assets) | 36.5% | 47.8% | |
| Current ratio | 2.69x | 2.05x | |
| Interest cover | -93.58x | -1175.00x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation. that the Company has adequate resources to continue in operational existence for the foreseeable future. In addition, the Company has received a letter of support from Science Group plc which evidences the intent of the parent to continue to provide financial support.”
Significant events
- “On 19 March 2025 the Group announced it had agreed new bank borrowing facilities with Lloyds Bank plc. The existing Term Loan and RCF were scheduled to expire in September 2026 and December 2026 respectively. There are now two new Term Loans for a combined value of £12.0 million, each for 10 years expiring in March 2035.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COLE, Sarah Elizabeth | Secretary | 2015-02-18 | — | — |
| BRETT, Jonathan | Director | 2021-07-23 | Aug 1979 | British |
| COLE, Sarah Elizabeth | Director | 2015-02-18 | Jul 1979 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HORNE, Julie Ann | Secretary | — | 2006-03-03 |
| POND, Patricia Ann | Secretary | 2006-03-03 | 2013-12-05 |
| ARCHER, Rebecca Anne | Director | 2015-02-18 | 2021-04-09 |
| BROWN, Jennifer Susan | Director | 2006-02-23 | 2015-02-18 |
| BUTTIMER, Eileen Teresa, Dr | Director | 2012-01-01 | 2015-02-18 |
| HORNE, Julie Ann | Director | — | 2006-02-23 |
| VOHRA, Sameet | Director | 2021-01-11 | 2021-07-30 |
| ZEITLYN, Jeremy | Director | 2006-02-23 | 2015-02-18 |
| ZEITLYN, Michael Graeme | Director | — | 2017-03-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Science Group Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 148 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-27 RESOLUTIONS Resolution
- 2025-01-27 MA Memorandum articles
- 2022-01-26 RESOLUTIONS Resolution
- 2022-01-26 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-05-27 | AA | accounts | Accounts with accounts type full | |
| 2025-05-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-05 | CH01 | officers | Change person director company with change date | |
| 2025-01-27 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-27 | MA | incorporation | Memorandum articles | |
| 2024-06-25 | AA | accounts | Accounts with accounts type full | |
| 2024-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-13 | AA | accounts | Accounts with accounts type full | |
| 2023-05-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-10 | AA | accounts | Accounts with accounts type full | |
| 2022-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-26 | RESOLUTIONS | resolution | Resolution | |
| 2022-01-26 | RESOLUTIONS | resolution | Resolution | |
| 2021-12-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-08-13 | TM01 | officers | Termination director company with name termination date | |
| 2021-08-07 | AA | accounts | Accounts with accounts type full | |
| 2021-07-26 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-50.2%
£2,219,000 £1,105,000
-
Cash
-7.2%
£736,000 £683,000
-
Net assets
-39.3%
£2,598,000 £1,578,000
-
Employees
-12%
25 22
-
Operating profit
-4.6%
-£1,123,000 -£1,175,000
-
Profit before tax
-8.9%
-£1,000,000 -£1,089,000
-
Wages
-19.1%
£2,086,000 £1,687,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers