Oakworth Homes Limited

Oakworth Homes Limited, based in Sheffield, UK, is a small, active company founded 19 years ago. With 48 employees and £1,076,304 in assets, it’s a well-established player in the region. The company has a real address, is run by one director and two owners, and enjoys a perfect 5.0 Google rating from 11 reviews. It’s a regular importer of wood and wood products, with recent activity recorded in February 2025.

The company’s website, oakworthtimberengineering.co.uk, reveals its core business: timber frame construction. Oakworth Timber Engineering specializes in the manufacture, supply, delivery, and erection of timber frames for self-builders, developers, architects, and suppliers. They offer a range of solutions, from roof trusses and floor systems to insulated timber frames, and even boast a self-play system integration. The website highlights their commitment to quality engineering, beautiful design, and sustainable building practices, emphasizing British craftsmanship.

Financially, Oakworth Homes Limited's recent performance presents a mixed picture. Current assets have declined significantly by 41%, dropping to £1,100,000, while net assets have plummeted 77% to £250,000. Bank borrowings have increased substantially, reaching £60,000, and cash reserves have vanished entirely. Creditors, however, have decreased by 29%, suggesting some improvement in debt management. 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 remain flexible, but the sharp decline in equity is a cause for concern. The company is exempt from an audit as a small company, so the figures are unaudited.

The drop in assets and increase in borrowings suggest Oakworth Homes Limited may be facing financial pressures, despite its strong reputation and consistent import activity. It's possible that the liquidation of a major customer, as mentioned in the financial report, has impacted the company’s performance. The company's ability to navigate these challenges and maintain its position in the timber frame construction market will be key to its future success.

Registered in England/Wales under the registration number 05794976, with a registered address at S13 9NP, Sheffield, 8 Orgreave Close.

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