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Oakfield Developments Midlands Limited

04339307

active
ltd
england wales
Companies House
Insolvency history
Health Score
51 / 100

Notable Risks

25/30
Filing
10/30
Financial
16/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

16 Upland Road Selly Park, Birmingham, B29 7JR
Incorporated 13/12/2001

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/10/2025

Due 20/10/2026

On track

Industry

41100
Development of building projects
68209
Other letting and operating of own or leased real estate

Officers

Mr Connell James Furey

director · Since 13/12/2001

CONSTRUCTION ENGINEER

BRITISH · ENGLAND · Age 82

Also on 3 other boards

Connell James Furey

director · Since 13/12/2001

British · England · Age 82

Former

Temple Secretaries Limited

corporate nominee secretary · Resigned 13/12/2001

Company Directors Limited

corporate nominee director · Resigned 13/12/2001

Monica Furey

secretary · Resigned 14/10/2025

John Paul Furey

director · Resigned 14/10/2025

Persons with Significant Control

Mr Connell James Furey

50–75% shares
50–75% votes

British · England · Age 82

16 Upland Road, Selly Park, Birmingham, B29 7JR

Notified 06/04/2016

Former PSCs

Mr John Paul Furey

Ceased 06/10/2025

Charges2 outstanding

Charge
outstanding

MONARCH CARE GROUP LIMITED

Created 07/11/2025Registered 17/11/2025
Charge
outstanding

MT FINANCE LIMITED

Created 28/01/2025Registered 28/01/2025
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 06/06/2019Registered 21/06/2019Satisfied 03/10/2025
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 06/06/2019Registered 21/06/2019Satisfied 03/10/2025
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 09/06/2017Registered 12/06/2017Satisfied 03/10/2025

Insolvency History1 case

receiver manager

Richard Lester (receiver manager) · Oliver Reeves (receiver manager)

Change History

officer appointedFUREY, Connell James
2026-07-24
statusactive
2026-07-24

Active

typeltd
2026-07-24

Private Limited Company

address line116 Upland Road Selly Park
2026-07-24

16 UPLAND ROAD

post townBirmingham
2026-07-24

BIRMINGHAM

CompanyRankvs 16688+ SIC 41100 peers
45

Financial strength4th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.01× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

4avg. employees

Tax at Year End

Corp tax£10k

Director Loans

Company owes directors£189k

Balance Sheet

Assets less current liabilities£1.6M
Signed by Mr John Furey 21 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.01+£83k
20232.33

Derived from filed accounts. Not audited figures.