Sussex Oak Structures Limited

Sussex Oak Structures Ltd from Henfield UK: small company, active status, founded 22 years ago, 2 employees, £68,595 assets, virtual address, 2 directors, 2 owners. Regular importer of wood and wood products (9 months imported). It’s a small, family-run business specializing in traditionally manufactured oak framed buildings. Founded over two decades ago, the company employs just two people and holds a modest £68,595 in assets. The registered address is a virtual one, shared by seventeen other companies, which is something to keep in mind. Two directors and two owners, Robbins-Hallam Graham and Stirling-Jones Russell, are at the helm. The company regularly imports wood and wood products, with the latest import operation made on October 01, 2024.

Sussex Oak Structures operates primarily as a builder of oak framed buildings, offering services ranging from bespoke design to full-scale construction. Its website showcases a diverse portfolio of projects, including houses, garden rooms, garages, and outbuildings. The company’s focus is on combining traditional craftsmanship with modern technology to produce high-quality, characterful oak structures. The site is clearly geared toward attracting customers directly, with detailed project galleries, FAQs, and a contact form. There's no obvious e-commerce element—the business appears to be service-based, relying on direct inquiries and custom orders.

Financially, Sussex Oak Structures Ltd presents a mixed picture. Current assets have increased by a significant 56%, reaching £69,000, which is a positive sign. However, net assets have plummeted by a massive 97%, leaving just £230. Bank borrowings have also decreased, and cash reserves have dropped by 37%, leaving £19,000. Creditors have increased by 71%, suggesting the company is relying on credit to operate. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Sussex Oak Structures Ltd seems to be navigating a period of change. While the increase in current assets is encouraging, the sharp decline in equity raises concerns. The company’s reliance on credit and the lack of cash reserves suggest it’s operating on a tight margin. The virtual address and small size, however, allow for agility—but the management team will need to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 04557614, with a registered address at BN5 9DA, England, Henfield, West Sussex, Myrtle House, High Street.

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