Oakfield Developments Midlands Limited
04339307
Notable Risks
- Negative net worth (-10)
- Active insolvency proceedings (-20)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 06/10/2025
Due 20/10/2026
Industry
Officers
director · Since 13/12/2001
CONSTRUCTION ENGINEER
BRITISH · ENGLAND · Age 81
Also on 3 other boards
Persons with Significant Control
Mr Connell James Furey
British · England · Age 81
16 Upland Road, Selly Park, Birmingham, B29 7JR
Notified 06/04/2016
Former PSCs
Mr John Paul Furey
Ceased 06/10/2025
Charges2 outstanding
MONARCH CARE GROUP LIMITED
MT FINANCE LIMITED
TOGETHER COMMERCIAL FINANCE LIMITED
TOGETHER COMMERCIAL FINANCE LIMITED
TOGETHER COMMERCIAL FINANCE LIMITED
THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND
THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND
THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND
Insolvency History1 case
Richard Lester (receiver manager) · Oliver Reeves (receiver manager)
CompanyRankvs 16869+ SIC 41100 peers45
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£185k
Balance sheet strength
Cash
£834
Cash in the bank
Net Current Assets
£1.6M
Working capital
Current Assets
£3.1M
Current Liabilities
£1.5M
Debtors
£3.1M
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 2.01 | +£83k | — |
| 2023 | 2.33 | +£66k | — |
| 2022 | 2.15 | +£275k | — |
| 2021 | 1.86 | +£143k | — |
| 2020 | 1.98 | +£14k | £297k |
| 2019 | 1.99 | +£73k | — |
| 2018 | 1.19 | — | £305k |
Derived from filed accounts. Not audited figures.