Oakdale Products Limited

Oakdale Products Ltd, based in Boston, UK, is a small, family-run business with an active trading status. Founded 16 years ago in 2008, the company employs six people and holds £1,628,147 in assets. It operates from a virtual address, a point of concern, and is managed by three directors and three owners. The firm regularly imports iron or steel products, with 26 months of import activity recorded, the last in October 2022. It boasts a perfect 5.0 Google rating from 13 reviews, a testament to its customer service. The company operates in the non-specialised wholesale trade industries.

While Oakdale Products Ltd’s core business involves importing and distributing metal products, its website reveals little beyond a basic contact form. There’s no e-commerce presence, suggesting a business-to-business model focused on direct sales or distribution to other wholesalers. The lack of a detailed website could be a deliberate choice to maintain a low profile or a consequence of limited resources.

Financially, Oakdale Products Ltd shows a mixed picture. Current assets increased by 14% to £1,600,000, while net assets remained stable at £1,100,000. Cash reserves increased by 50% to £670,000, a positive sign of liquidity. However, creditors surged by 50% to £550,000, which could indicate increased reliance on trade credit. Bank borrowings remain stable. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in creditors warrants closer monitoring. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Oakdale Products Ltd appears to be a stable, albeit somewhat opaque, business. Its strong Google rating and healthy cash reserves suggest a solid foundation, but the increase in creditors and lack of online presence could pose challenges in the long run. The company’s success hinges on maintaining strong relationships with its suppliers and customers—and perhaps updating its website.

Registered in England/Wales under the registration number 06692563, with a registered address at PE21 6NA, Boston, Lincolnshire, The Old Vicarage, Church Close.

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