{"id":872494,"date":"2025-09-12T21:12:21","date_gmt":"2025-09-13T02:12:21","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/12\/london-fit-out-firms-finances-flatline\/"},"modified":"2025-09-12T21:12:21","modified_gmt":"2025-09-13T02:12:21","slug":"london-fit-out-firms-finances-flatline","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/12\/london-fit-out-firms-finances-flatline\/","title":{"rendered":"London fit-out firm\u2019s finances flatline"},"content":{"rendered":"
\n

\"Oktra<\/p>\n

\n
\n

London-based fit-out specialist Oktra\u2019s turnover and pre-tax profit has held steady, its latest accounts show.<\/p>\n

Revenue decreased slightly compared with the year before, but the firm\u2019s pre-tax profit and margin slightly improved.<\/p>\n

Oktra\u2019s latest accounts show a profit of \u00a38.8m from turnover of \u00a3112.5m in the year to 31 May 2025.<\/p>\n

These figures barely changed from the year before, when it turned over \u00a3113.6m and made a pre-tax profit of \u00a38.7m.<\/p>\n

The firm\u2019s margin inched upwards from 7.7 per cent to 7.8 per cent.<\/p>\n

Oktra \u2013 a subsidiary of investment firm Vensyn Group \u2013 <\/strong>was ranked eighth\u00a0in the inaugural CN Specialists Index for fit-out contractors<\/a> last year.<\/p>\n

In the latest accounts, directors pronounced themselves \u201csatisfied\u201d with the static performance, saying it was in line with their expectations.<\/p>\n

\u201cCash management remained a key focus,\u201d they added, but cash at bank by 31 May had fallen to \u00a311.6m, down from \u00a313.6m the previous year.<\/p>\n

The average time taken to collect payments from customers increased by 44 per cent to 39 days, the company added.<\/p>\n

Oktra held no external bank loans or overdrafts, and paid out dividends of \u00a35.4m, down from \u00a37.4m the year before.<\/p>\n

Despite the flatlining turnover and profit, the firm\u2019s headcount grew from a monthly average of 181 to 195 staff.<\/p>\n

This led to an 8 per cent increase in the annual wage bill, rising from \u00a320m last year to \u00a321.6m in the latest accounts.<\/p>\n

Oktra\u2019s project portfolio includes a 6,800 square metre warehouse job for Insight in Rotherham, Yorkshire, and a 12,000 square metre office refurbishment for Royal London Asset Management in Birmingham.<\/p>\n

Looking ahead, the directors said: \u201cAlthough we still expect healthy competition in 2025\/26 we are optimistic about the sector and our opportunities to take market share.<\/p>\n

\u201cWe have a very clear, five-year strategic plan for the group, which will guide and drive business growth.\u201d<\/p>\n<\/div>\n

\n

<\/a><\/p>\n

\n

<\/a><\/p>\n

At CN Intelligence you can view and filter seven years\u2019 worth of detailed financial information on the top UK construction firms via our interactive dashboards. Access in-depth written analysis of the numbers along with targeted data and analysis on specialist contractors.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Read More<\/a>
\n Ben Vogel<\/p>\n","protected":false},"excerpt":{"rendered":"

London-based fit-out specialist Oktra\u2019s turnover and pre-tax profit has held steady, its latest accounts show. Revenue decreased slightly compared with the year before, but the firm\u2019s pre-tax profit and margin slightly improved. Oktra\u2019s latest accounts show a profit of \u00a38.8m from turnover of \u00a3112.5m in the year to 31 May 2025. These figures barely changed<\/p>\n","protected":false},"author":1,"featured_media":872495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[105512,3966],"tags":[],"class_list":{"0":"post-872494","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-fit-out","8":"category-london"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/872494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=872494"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/872494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/872495"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=872494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=872494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=872494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}