OVERBRAY LIMITED

Executive Summary

OVERBRAY LIMITED operates as a micro-entity within the UK general medical practice sector, characterized by small scale and modest asset bases typical of primary care providers. Recent financials indicate a decline in net assets and liquidity, reflecting sector challenges such as cost pressures and regulatory demands on small practices. Positioned as a niche local provider, the company faces competitive constraints due to limited financial strength and scale but benefits from operational flexibility inherent in private limited micro-entities.

OVERBRAY LIMITED - Analysis Report

Company Number: 13161227

Analysis Date: 2025-07-20 16:07 UTC

1. Industry Classification OVERBRAY LIMITED operates under SIC code 86210, which classifies it within the "General medical practice activities" sector. This sector encompasses primary health care providers such as general practitioners, family doctors, and small medical clinics. Key characteristics include high regulatory scrutiny, reliance on skilled medical professionals, and typically small-scale operations with modest capital assets but significant intangible assets like patient goodwill and reputation. The sector is often funded through a combination of private payments and public contracts, especially within the UK NHS framework.

2. Relative Performance As a micro-entity, OVERBRAY LIMITED's latest financials (year ending January 2024) show minimal net assets (£56) and a slight net current liability position (-£1,063). This contrasts with prior years (notably 2021-2023) where net assets were in the £13,000+ range with positive net current assets, indicating a recent reduction in liquidity and equity position. The company has modest fixed assets (~£1,100), typical of medical practices that invest minimally in physical equipment but rely on clinical expertise. Its small employee base (2 average employees in 2024) aligns with micro-entity norms in primary care, commonly run by a few practitioners or partners. Compared to industry benchmarks, micro medical practices often maintain stronger working capital to manage operational demands—this negative net current asset position may signal cash flow pressures or increased short-term liabilities.

3. Sector Trends Impact The general medical practice sector in the UK is influenced by several macro trends: increasing patient demand due to aging populations, NHS funding constraints, and a shift toward integrated care models. Additionally, digital transformation (telemedicine, electronic health records) is reshaping service delivery. Practices face wage inflation pressures for clinical and administrative staff and rising operational costs. For a micro-entity like OVERBRAY LIMITED, these trends mean tight margins and the need for efficiency improvements. The sector's regulatory environment also requires compliance investment, which can strain small practices. The recent decline in net assets and working capital could reflect these cost pressures or transitional investments in technology or staffing.

4. Competitive Positioning OVERBRAY LIMITED appears to be a niche player within the highly fragmented general practice market. Its micro size suggests it serves a localized patient base, likely competing on personalized care and convenience rather than scale or diversified services. Strengths include its private limited status, which offers limited liability and operational flexibility, and control by a single significant shareholder/director who may enable swift decision-making. Weaknesses include limited financial resilience as evidenced by the diminished net assets and working capital position in 2024, which could impact its ability to invest or absorb shocks. Unlike larger group practices or primary care networks, it lacks economies of scale and bargaining power with suppliers or commissioners. The small fixed asset base and minimal capital suggest dependence on external facilities and possibly limited service scope.