Oak Innovation Limited

Oak Innovation Ltd, based in Poole, UK, is a small, active company established 38 years ago. With 20 employees and a real address, it’s a well-established entity led by five directors and one owner. The company operates an e-commerce site and is considered an irregular importer, having imported goods for just one month back in 2016.

The company’s website showcases a training course provider, offering reusable training materials for various industries, including business, leadership, and technical skills. It caters to trainers, managers, and businesses looking to deliver effective training without the development overhead. The site highlights the benefits of instant access, customizable content, and a wide range of courses, with testimonials from satisfied customers. They even offer a "Most Popular Bundle" for those wanting a comprehensive training solution.

Financially, Oak Innovation Ltd presents a mixed picture. Cash bank on hand has significantly dropped by 67%, falling to £160,000, while bank borrowings have increased slightly to £10,000. Creditors have also decreased by 8.4%, settling at £800,000. The company’s net assets show a substantial decrease, plummeting 83% to -£490,000, a concerning trend. The average number of employees has also reduced by 20%, now standing at 16. Despite these challenges, the company remains a small entity, meeting two of three criteria for small business status. No auditor is mentioned, which is common for companies of this size. Other taxation payable has seen a dramatic increase, rising by 1400%, suggesting a potential tax liability. The company’s long history and e-commerce focus suggest a resilient business model, but the declining financial metrics warrant close monitoring.

Registered in England/Wales under the registration number 02102234, with a registered address at BH15 2PW, England, Poole, Dorset, Pkf Francis Clark Towngate House, 2-8 Parkstone Road.

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