The Oaklands Group Limited

The Oaklands Group Limited, based in Derby, UK, is a small, family business with an active status, founded nine years ago in 2016. With three employees and £84,067 in assets, it operates from a real address and is overseen by three directors and two owners. It holds a modest Google rating of 2.0 based on four reviews. The company primarily engages in retail sales via mail order and internet, catering to a niche market.

The Oaklands Group Limited’s website, while not extensively detailed, points to a focus on online retail. It’s difficult to determine the extent of e-commerce activity without further information, but the company seems to be leveraging the internet to reach customers.

Financially, The Oaklands Group Limited presents a mixed picture. Current assets have decreased by 13%, falling to £84,000, while bank borrowings have significantly increased by 110%, reaching £31,000. Cash reserves have also declined, though remain at £44,000. Equity has seen a sharp decrease, dropping 73% to just £2,900. Trade debtors have risen by a substantial 460%, suggesting potential issues with customer payments, and creditors have fallen by 37%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants attention. The unaudited figures, with no auditor mentioned, rely on director-reported data.

Overall, The Oaklands Group Limited seems to be navigating a challenging financial environment. The increase in borrowing and decrease in equity suggest a need for careful management, although the reduction in creditors indicates some improvements in debt management. It will be interesting to see if the company can sustain its operations and improve its financial health in the coming year.

Registered in England/Wales under the registration number 10122699, with a registered address at DE3 9AE, United Kingdom, Derby, 276 Uttoxeter Road.

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