Oakdene Products Ltd

Oakdene Products Ltd, based in Redhill, UK, is a small, active company founded ten years ago in 2015. With 23 employees and £389,630 in assets, it operates from a real address and is led by two directors and one owner. The company runs an e-commerce site and has a Google rating of 3.0 based on 60 reviews. It’s an irregular importer of machinery, boilers, and mechanical appliances, with the last import operation occurring two months ago, and an irregular exporter of miscellaneous metal items, with the last export operation taking place one month ago.

The company’s website, Oakdene Designs, specializes in personalized gifts for every occasion. It offers a wide range of products, including photo prints, wallets, and notebooks, all customizable with personal messages and photos. The site emphasizes unique, thoughtful gifts made in England, with a focus on quality and craftsmanship. They even have a sister brand, FoldFrame, for easy-to-order photo frames.

Financially, Oakdene Products Ltd presents a mixed picture. Current assets decreased by 11% to £390,000, while net assets fell 16% to £500,000. Cash reserves increased significantly by 80% to £200,000, which is a positive sign. However, bank borrowings rose by a substantial amount, reaching £29,000. Creditors also increased by 15% to £150,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the increase in borrowings and creditors suggests potential cash flow pressures. The decrease in average employees from 23 to 17 is also noticeable and could indicate restructuring or seasonal fluctuations. As a small company, it is exempt from an audit, so the financial statements are unaudited.

Overall, Oakdene Products Ltd seems to be navigating a challenging economic climate, relying on its e-commerce platform and personalized product offerings to drive sales.

Registered in England/Wales under the registration number 09498445, with a registered address at RH1 5GH, England, Redhill, Unit 14 Fairlawn Enterprise Park Bonehurst Road, Salfords.

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