Okta Construction Limited

Okta Construction Limited, based in Banstead, UK, is a small, active company founded five years ago. With four employees and £6,823 in assets, it operates from a virtual address and is led by a solo founder, Karadurmus Oguzhan, who also serves as the director and owner. The company boasts a perfect 5.0 Google rating based on a single review. It's a regular importer of furniture, lighting, and prefabricated buildings, with ten months of import activity recorded, the latest in December 2024.

The company’s website highlights its commitment to delivering high-quality, inspirational spaces for living, working, and recreation. Okta Construction positions itself as a provider of customized solutions, leveraging a unique network and deep industry knowledge. It emphasizes in-house specialist services, engineering capabilities, and innovative construction solutions, including BIM and offsite solutions. Recent news sections showcase projects like Kensington Court and Blenheim Road, demonstrating a focus on high-end residential and commercial developments.

However, a closer look at the financial data reveals a concerning trend. While turnover is not explicitly stated, net assets have plummeted by a staggering 130%, falling to -£27,000. Cash reserves have also evaporated, dropping 99% to a mere £160. Trade debtors have shrunk dramatically, but creditors have also decreased, suggesting a need to manage debt. The company's employee count has increased from four to seven, which is a positive sign, but the significant decrease in equity raises questions about its financial health. The company is exempt from an audit, so the figures are unaudited.

In short, Okta Construction Limited appears to be facing financial headwinds, despite its focus on high-quality projects and innovative solutions. The sharp decline in equity suggests a need for careful financial management—though it’s possible this is a temporary setback as the company navigates growth and market challenges.

Registered in England/Wales under the registration number 12549755, with a registered address at N3 2LN, United Kingdom, London, 338a Regents Park Road, Office 3 And 4.

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