Oxley Developments Company Limited

Oxley Developments Company Ltd, based in Cumbria, UK, is a substantial player in the electronics sector, boasting a history stretching back 82 years. As a holding company with an active status, it employs 153 people and manages assets totaling £11,675,649. The company, with four directors and one owner, has a real address and a respectable Google rating of 3.0 based on two reviews. Oxley is a regular importer and exporter, specializing in electrical machinery and equipment, with 441 months of import activity and 669 months of export activity recorded.

The company's website, oxleygroup.com, paints a picture of a global innovator in defence, aerospace, rail, and telecommunications. Oxley designs, manufactures, and supplies a wide range of products, including LED indicators, EMI suppression filters, connectors, and lighting systems. They are particularly known for their expertise in night vision lighting and have a long history of serving military operations. The site highlights their capabilities in rapid prototyping, challenging obsolescence, and providing life cycle management solutions. Oxley operates both in the UK and the USA, and their website mentions a recent retirement of a long-term chairman, Peter Bedwin.

Financially, Oxley shows a mixed bag. Current assets have increased by a significant 29%, reaching £12 million. However, net losses have deepened considerably, jumping 190% to £1.6 million. Bank borrowings have risen by 100%, reaching £1.3 million, while cash reserves have fallen by 60% to £700,000. Trade debtors have increased by 65%, indicating potential challenges in collecting payments. The company’s size (meeting two of three criteria for a large company: turnover over £36 million, balance sheet over £18 million, and over 250 employees) suggests a robust operation, but the increased losses and reliance on bank borrowings raise concerns. The company's financial statements are audited by Azets Audit Services.

Overall, Oxley Developments Company Ltd appears to be a well-established and innovative company facing some financial headwinds. Their focus on high-value sectors and technological expertise positions them for long-term success, but managing cash flow and controlling losses will be crucial in the coming year.

Registered in England/Wales under the registration number 00376071, with a registered address at LA12 9QG, Cumbria, Priory Park, Ulverston.

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