Oxdale Products Limited

Oxdale Products Ltd from Chesterfield UK: a small, active company founded 17 years ago, employs 21 people, and holds £1,504,594 in assets. It’s a family business with a real address, managed by one director and two owners, and operates an e-commerce site with a stellar 5.0 Google rating from 11 reviews. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 31 months of import activity recorded.

The company specialises in the manufacture of agricultural and forestry machinery, other than tractors. Its website, though not detailed, suggests a focus on bespoke engineering and fabrication services, catering to a niche market. While the company operates in a competitive sector, its family-run nature and commitment to quality could be key differentiators.

Financially, Oxdale Products Ltd presents a mixed picture. Current assets remained stable at £1,504,594, while net assets increased by 17% to £1,900,000. Cash reserves grew by 33% to £510,000, and bank borrowings decreased by 34%. Creditors also decreased, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Depreciation on property plant equipment increased, which could be due to increased production or new investments. The company’s unaudited financial statements, with no auditor mentioned, rely on director-reported data.

Overall, Oxdale Products Ltd appears to be in a relatively healthy position, with growing assets and improving cash flow. The increase in depreciation suggests ongoing investment in its operations, and the company's small size allows for flexibility and responsiveness to market changes. However, the rise in bank borrowings could be a cause for concern, and the company should continue to monitor its financial performance closely.

Registered in England/Wales under the registration number 06490139, with a registered address at S41 9RF, Chesterfield, Derbyshire, Units 20-21 Foxwood Road, Off Sheepbridge Lane.

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