oakfield developments midlands limited
oakfield developments midlands limited Company Information
Company Number
04339307
Next Accounts
Sep 2025
Shareholders
connell james furey
john paul furey
Group Structure
View All
Industry
Development of building projects
Registered Address
16 upland road selly park, birmingham, west midlands, B29 7JR
oakfield developments midlands limited Estimated Valuation
Pomanda estimates the enterprise value of OAKFIELD DEVELOPMENTS MIDLANDS LIMITED at £9m based on a Turnover of £13.4m and 0.67x industry multiple (adjusted for size and gross margin).
oakfield developments midlands limited Estimated Valuation
Pomanda estimates the enterprise value of OAKFIELD DEVELOPMENTS MIDLANDS LIMITED at £887.6k based on an EBITDA of £182k and a 4.88x industry multiple (adjusted for size and gross margin).
oakfield developments midlands limited Estimated Valuation
Pomanda estimates the enterprise value of OAKFIELD DEVELOPMENTS MIDLANDS LIMITED at £0 based on Net Assets of £-267.6k and 1.38x industry multiple (adjusted for liquidity).
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Oakfield Developments Midlands Limited Overview
Oakfield Developments Midlands Limited is a live company located in west midlands, B29 7JR with a Companies House number of 04339307. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2001, it's largest shareholder is connell james furey with a 51% stake. Oakfield Developments Midlands Limited is a mature, mid sized company, Pomanda has estimated its turnover at £13.4m with healthy growth in recent years.
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Oakfield Developments Midlands Limited Health Check
Pomanda's financial health check has awarded Oakfield Developments Midlands Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £13.4m, make it larger than the average company (£2.5m)
- Oakfield Developments Midlands Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.8%)
- Oakfield Developments Midlands Limited
4.8% - Industry AVG
Production
with a gross margin of 26.9%, this company has a comparable cost of product (26.9%)
- Oakfield Developments Midlands Limited
26.9% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (7%)
- Oakfield Developments Midlands Limited
7% - Industry AVG
Employees
with 4 employees, this is below the industry average (7)
4 - Oakfield Developments Midlands Limited
7 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- Oakfield Developments Midlands Limited
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £3.4m, this is more efficient (£296.3k)
- Oakfield Developments Midlands Limited
£296.3k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (28 days)
- Oakfield Developments Midlands Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (31 days)
- Oakfield Developments Midlands Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Oakfield Developments Midlands Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Oakfield Developments Midlands Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.8%, this is a higher level of debt than the average (73.3%)
109.8% - Oakfield Developments Midlands Limited
73.3% - Industry AVG
OAKFIELD DEVELOPMENTS MIDLANDS LIMITED financials
Oakfield Developments Midlands Limited's latest turnover from December 2023 is estimated at £13.4 million and the company has net assets of -£267.6 thousand. According to their latest financial statements, Oakfield Developments Midlands Limited has 4 employees and maintains cash reserves of £21.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 4 | 3 | 4 | 2 | 2 | 1 | 1 | 2 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,426,615 | 1,426,615 |
| Trade Debtors | 2,683,466 | 2,577,675 | 284,764 | 1,974,492 | 1,882,552 | 1,629,964 | 1,822,203 | 1,626,774 | 4,561,601 | 4,789,103 | 4,608,656 | 5,294,427 | 6,214,052 | 4,840,058 | 4,410,184 |
| Group Debtors | 0 | 0 | 2,096,377 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 21,430 | 37,536 | 53,509 | 9,930 | 64,806 | 2,161 | 305,532 | 310,649 | 4,968 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 21,438 | 11,854 | 5,605 | 2,105 | 2,761 | 5,882 | 24,295 | 383 | 2,131 | 14,119 | 30,082 | 10,515 | 19,683 | 11,434 | 15,398 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,726,334 | 2,627,065 | 2,440,255 | 1,986,527 | 1,950,119 | 1,638,007 | 2,152,030 | 1,937,806 | 4,568,700 | 4,803,222 | 4,638,738 | 5,304,942 | 6,233,735 | 6,278,107 | 5,852,197 |
| total assets | 2,726,334 | 2,627,065 | 2,440,255 | 1,986,527 | 1,950,119 | 1,638,007 | 2,152,030 | 1,937,806 | 4,568,700 | 4,803,222 | 4,638,738 | 5,304,942 | 6,233,735 | 6,278,107 | 5,852,197 |
| Bank overdraft | 112,622 | 225,272 | 36,857 | 40,000 | 0 | 0 | 0 | 0 | 2,510,811 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 130,836 | 637,625 | 712,708 | 587,212 | 517,832 | 198,000 | 234,065 | 31,373 | 155,394 | 4,789,167 | 4,542,933 | 5,106,003 | 6,070,301 | 5,911,011 | 5,751,425 |
| Group/Directors Accounts | 702 | 72,547 | 132,775 | 4,977 | 10,532 | 51,455 | 33,869 | 23,523 | 4,809 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 610,184 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 925,763 | 289,031 | 430,316 | 369,743 | 451,611 | 516,664 | 903,652 | 1,707,378 | 1,790,267 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,169,923 | 1,224,475 | 1,312,656 | 1,001,932 | 979,975 | 1,376,303 | 1,171,586 | 1,762,274 | 4,461,281 | 4,789,167 | 4,542,933 | 5,106,003 | 6,070,301 | 5,911,011 | 5,751,425 |
| loans | 724,026 | 635,765 | 635,765 | 635,765 | 635,765 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,830,184 | 1,220,000 | 1,220,000 | 1,220,000 | 1,190,000 | 990,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,824,026 | 1,735,765 | 1,735,765 | 1,735,765 | 1,735,765 | 1,100,000 | 1,830,184 | 1,220,000 | 1,220,000 | 1,220,000 | 1,190,000 | 990,000 | 0 | 0 | 0 |
| total liabilities | 2,993,949 | 2,960,240 | 3,048,421 | 2,737,697 | 2,715,740 | 2,476,303 | 3,001,770 | 2,982,274 | 5,681,281 | 6,009,167 | 5,732,933 | 6,096,003 | 6,070,301 | 5,911,011 | 5,751,425 |
| net assets | -267,615 | -333,175 | -608,166 | -751,170 | -765,621 | -838,296 | -849,740 | -1,044,468 | -1,112,581 | -1,205,945 | -1,094,195 | -791,061 | 163,434 | 367,096 | 100,772 |
| total shareholders funds | -267,615 | -333,175 | -608,166 | -751,170 | -765,621 | -838,296 | -849,740 | -1,044,468 | -1,112,581 | -1,205,945 | -1,094,195 | -791,061 | 163,434 | 367,096 | 100,772 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,426,615 | 0 | 1,426,615 |
| Debtors | 89,685 | 180,561 | 450,228 | 37,064 | 315,233 | -495,610 | 190,312 | -2,629,146 | -222,534 | 180,447 | -685,771 | -919,625 | 1,373,994 | 429,874 | 4,410,184 |
| Creditors | -506,789 | -75,083 | 125,496 | 69,380 | 319,832 | -36,065 | 202,692 | -124,021 | -4,633,773 | 246,234 | -563,070 | -964,298 | 159,290 | 159,586 | 5,751,425 |
| Accruals and Deferred Income | 636,732 | -141,285 | 60,573 | -81,868 | -65,053 | -386,988 | -803,726 | -82,889 | 1,790,267 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -71,845 | -60,228 | 127,798 | -5,555 | -40,923 | 17,586 | 10,346 | 18,714 | 4,809 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -610,184 | 610,184 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 88,261 | 0 | 0 | 0 | 635,765 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -730,184 | 610,184 | 0 | 0 | 30,000 | 200,000 | 990,000 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 9,584 | 6,249 | 3,500 | -656 | -3,121 | -18,413 | 23,912 | -1,748 | -11,988 | -15,963 | 19,567 | -9,168 | 8,249 | -3,964 | 15,398 |
| overdraft | -112,650 | 188,415 | -3,143 | 40,000 | 0 | 0 | 0 | -2,510,811 | 2,510,811 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 122,234 | -182,166 | 6,643 | -40,656 | -3,121 | -18,413 | 23,912 | 2,509,063 | -2,522,799 | -15,963 | 19,567 | -9,168 | 8,249 | -3,964 | 15,398 |
oakfield developments midlands limited Credit Report and Business Information
Oakfield Developments Midlands Limited Competitor Analysis
Perform a competitor analysis for oakfield developments midlands limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in B29 area or any other competitors across 12 key performance metrics.
oakfield developments midlands limited Ownership
OAKFIELD DEVELOPMENTS MIDLANDS LIMITED group structure
Oakfield Developments Midlands Limited has no subsidiary companies.
Ultimate parent company
OAKFIELD DEVELOPMENTS MIDLANDS LIMITED
04339307
oakfield developments midlands limited directors
Oakfield Developments Midlands Limited currently has 2 directors. The longest serving directors include Mr Connell Furey (Dec 2001) and Mr John Furey (Dec 2001).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Connell Furey | England | 80 years | Dec 2001 | - | Director |
| Mr John Furey | United Kingdom | 44 years | Dec 2001 | - | Director |
P&L
December 2023turnover
13.4m
-2%
operating profit
182k
0%
gross margin
26.9%
+0.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-267.6k
-0.2%
total assets
2.7m
+0.04%
cash
21.4k
+0.81%
net assets
Total assets minus all liabilities
oakfield developments midlands limited company details
company number
04339307
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
December 2001
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
MYTAXDONE LIMITED
auditor
-
address
16 upland road selly park, birmingham, west midlands, B29 7JR
Bank
-
Legal Advisor
-
oakfield developments midlands limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 7 charges/mortgages relating to oakfield developments midlands limited. Currently there are 3 open charges and 4 have been satisfied in the past.
oakfield developments midlands limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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oakfield developments midlands limited Companies House Filings - See Documents
| date | description | view/download |
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