UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, D.C. 20549

                                     FORM 10-Q

(Mark One)

[X]  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
     OF 1934

                   For the quarterly period ended June 30, 2006

[ ]  TRANSITIONAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934

         For the transition period from __________________ to _________________

         Commission file number:                       000-49854
                                     __________________________________________


                               OXFORD TECHNOLOGIES CORP.
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

             Delaware                                  04-3615974
-----------------------------------   ------------------------------------------
State or other jurisdiction              (I.R.S. Employer Identification No.)
  of incorporation or organization)

                    80 Wall Street, Suite 818, New York, NY 10005
--------------------------------------------------------------------------------
            (Address of principal executive offices, including Zip code)

                                 (212) 809-1200
--------------------------------------------------------------------------------
                (Registrant's telephone number, including area code)

                                      N/A
--------------------------------------------------------------------------------
        (Former name, former address and former fiscal year, if changed
                              since last report)

Indicate by check mark whether the registrant: (1) filed all reports required to
be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.                           Yes [X]  No [  ]

Indicate by check whether the registrant is a large accelerated filer, an
accelerated filer, or a non-accelerated filer. See definition of "accelerated
filer and large accelerated filer" in Rule 12b-2 of the Exchange Act.
(Check one):

Large accelerated filer [ ]  Accelerated filer [ ]  Non-accelerated filer  [X]

Indicate by check whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act).                                  Yes [  ]  No  [X]


                        APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: 18,564,002 shares of common stock,
par value $0.0001, as of October 11, 2006.



                            OXFORD TECHNOLOGIES, INC.

                               Table of Contents

Part I.   Financial Information

Item1.  Financial Statements

  Condensed Consolidated Balance Sheets as of June 30, 2006 (Unaudited)
    and December 31, 2005.....................................................

  Condensed Consolidated Statements of Operations for the
    Three and Six Months Ended June 30, 2006 and 2005 (Unaudited).............

  Condensed Consolidated Statements of Cash Flows for the
    Six Months Ended June 30, 2006 and 2005 (Unaudited).......................

  Notes to Consolidated Financial Statements..................................


Item 2. Management's Discussion and Analysis of Financial Condition
    and Results of Operations.................................................

Item 3.  Quantitative and Qualitative Disclosure about Market Risk............


Item 4.  Controls and Procedures..............................................


Part II.   Other Information

Item 1A.  Risk Factors........................................................

Item 6.  Exhibits.............................................................

Signatures....................................................................





Item 1.  Financial Statements


<TABLE>
<CAPTION>


                             OXFORD TECHNOLOGIES, INC.
                           CONSOLIDATED BALANCE SHEETS



                                   ASSETS
                                                                 June 30 2006      Dec. 31 2005
                                                                   Unaudited         Audited
                                                               ---------------- ---------------
                                                                 US $'000           US $'000


                                                                  <c>               <c>
Current assets:
Cash and cash equivalents...................................     $        418      $      556
Accounts receivable, net of allowance for doubtful accounts
  of $ nil as of June 30, 2006 and Dec. 31, 2005 respectively           7,780           5,586
Inventory...................................................            7,610           5,987
Deferred income taxes.......................................              233             201
Other current assets........................................              726             416
                                                                 ------------     -----------
  Total Current Assets......................................           16,767          12,746

Property and equipment, net of accumulated depreciation
  of $28,274 and $26,641 as of June 30, 2006 and
  Dec. 31, 2005, respectively...............................           14,965          14,004

Other long term assets
Deferred taxation...........................................              165             134
                                                                 -------------    -----------
                                                                 $     31,897	    $    26,884
                                                                 =============    ===========



                    LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
Accounts payable............................................      $     8,354     $    5,764
Notes payable, current portion..............................            3,695          2,642
Taxes payable...............................................              159            668
Accrued expenses and other payables.........................              379            504
Deferred income, current portion............................              688            639
                                                                  ------------   ------------
   Total Current Liabilities................................           13,275         10,217

Long-term Liabilities:
Deferred income, non-current portion........................              999          1,248
Capital leases, non current portion.........................              240            215
Notes payable, non-current portion..........................              297            312
                                                                  ------------   ------------
   Total Long-term Liabilities..............................            1,536          1,775

Stockholders' Equity:
Preferred stock, 20,000,000 shares authorized,
  none issued...............................................                -              -
Common stock, 80,000,000 shares authorized,
  18,564,002 shares issued and outstanding..................                2              2
Additional paid in capital..................................           32,927         32,927
Accumulated Other Comprehensive Income......................            2,368          1,134
Accumulated Deficit.........................................         (18,211)       (19,171)
                                                                  ------------   ------------
  Total Shareholders' Equity................................           17,086         14,892
                                                                  -------------  ------------
                                                                  $    31,897    $    26,884
                                                                  =============  ============





                  The accompanying notes are an integral part of the statements.

</Table>











                                   OXFORD TECHNOLOGIES INC.
                              CONSOLIDATED STATEMENTS OF INCOME



(Dollars in thousands except per share data)

<TABLE>
<CAPTION>


                                            Three-Month Period Ended       Six-Month Period Ended
                                                    June 30,                      June 30,
                                           ---------------------------   --------------------------
                                                2006           2005          2006           2005
                                           --------------  -----------   -------------  -----------
                                               US$'000      US$'000        US$'000        US$'000


                                               <c>          <c>            <c>           <c>

Sales.............................         $      9,690   $    7,753     $   19,277     $   14,630
Cost of Sales.....................                8,526        6,907         17,008         13,204
                                           -------------  -----------    -----------  ------------
Gross Profit......................                1,164          846          2,269          1,426

Operating Expenses
  Selling, general and administrative               907          825          1,905          1,605
                                           ------------- ------------    -----------  ------------

Operating Income (Loss)...........                  257           21            364          (179)

Other Income and Expenses
 Rental income....................                  167          140            336           278
 Economic development grant.......                  168          171            335           348
 Interest income..................                    5            -              5             -
 Interest expense.................                 (69)         (58)          (115)         (105)
                                          ------------- ------------    -----------  -------------

Net Income Before Income Tax......                 528           274            925           342

Income tax (liability)............                (52)		             (36)

		                              ------------- ------------   ------------  -------------
Net Income........................        $        580  $        274   $        961  $         342
                                          ============  ============   ============  =============


Basic and diluted income per share        $       0.03  $       0.01   $       0.05  $        0.02
                                          ============  ============   ============  =============

Average common shares outstanding           18,564,002    18,564,002     18,564,002     18,564,002
                                         =============  ============   ============   ============






                 The accompanying notes are an integral part of the statements.


</TABLE>








                                    OXFORD TECHNOLOGIES, INC.
                               Consolidated Statement of Cash Flows



<TABLE>
<CAPTION>


                                                                 Six-Month Period
                                                                   Ended June 30,
                                                          -------------------------------
                                                                2006           2005
                                                          --------------- ---------------
                                                            US $'000        US $'000


                                                             <c>            <c>
Cash Flows From Operating Activities:
Net Income..........................................        $      961     $       342
Adjustments to reconcile net income to net cash
Provided by (used in) operating activities:
 Depreciation and amortization......................               414             461
 Other long term assets.............................              (31)               -
 Amortization of grant received.....................             (335)           (348)

Changes in operating assets and liabilities:
 Accounts receivable................................           (2,194)             139
 Inventory..........................................           (1,623)         (1,014)
 Other assets.......................................             (342)           (344)
 Accounts payable...................................             2,590           1,984
 Taxes payable......................................             (509)           (187)
 Accrued expenses and other payable.................             (125)           (108)
 Deferred income....................................               135           (167)
                                                           ------------   ------------
     Cash provided by (used in) operating activities           (1,060)            758

Cash Flows from Investing Activities:
 Purchase of property and equipment.................             (287)          (364)
 Proceeds from sale of property and equipment.......                 -             32
                                                          -------------  ------------
     Cash used in investing activities..............             (287)           (13)

Cash Flows from Financing Activities:
 Proceeds from (payments for) notes payable.........             1,063          (321)
                                                          -------------  ------------
     Cash provided (used in) by financing activities             1,063          (321)

Effect of exchange rate changes on cash
 and cash equivalents...............................               145           (99)
                                                          -------------  ------------
Decrease in cash and cash equivalents...............             (138)             6

Cash and Cash Equivalents, Beginning................      $        556   $        18
                                                          =============  ============
Cash and Cash Equivalents, Ending...................      $        418   $        24
                                                          =============  ============


Supplemental Disclosure of Cash Flow Information
Cash paid for interest..............................      $        115   $       105
                                                          =============  ===========





       The accompanying notes are an integral part of the statements


</TABLE>









                              OXFORD TECHNOLOGIES INC

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              June 30, 2006 and 2005


1.  NATURE OF OPERATIONS

Oxford Technologies, Inc ("the Company") and its subsidiary, Axiom Manufacturing
Services Limited ("Axiom") provide electronic manufacturing services (EMS) to
third parties in the following market sectors: telecoms, computers and related
products, video/audio/entertainment products, industrial control equipment,
testing and instrumentation products and medical devices. Axiom offers its
customers a comprehensive integrated design and manufacturing service from
initial design to volume production, direct order fulfilment and aftermarket
support. The Company's customer base is primarily in the United Kingdom.

The Company was incorporated in the State of Delaware on March 8, 2002. On
February 12, 2003, the Company acquired Axiom by issuing 13,564,002 shares of
its common stock in exchange for all issued and outstanding capital shares of
Axiom owned by Great Admirer Limited ("Great Admirer"), a Hong Kong Corporation.
The Company as the legal acquirer was the registrant on that date and remains
the registrant with the Securities and Exchange Commission. The merger was
accounted for as a reverse acquisition under accounting principles generally
accepted in the United States of America. As a result of the acquisition, Axiom
became the Company's wholly owned subsidiary and Great Admirer became the
controlling shareholder of the Company. The continuing operations of the Company
will reflect the consolidated operations of Oxford and its wholly owned
subsidiary, Axiom.

At the time Great Admirer acquired Axiom in April 2002, Great Admirer was a
non-operating shell company and incurred minimal costs to acquire Axiom.
Therefore no costs incurred by Axiom were recorded in the accounts of Axiom.

Axiom's principal office and manufacturing facility is located at Technology
Park, Newbridge, South Wales, United Kingdom. Axiom is the owner of the above
mentioned facility.

Axiom was incorporated in South Wales, United Kingdom on September 3, 1980,
under the name of Aiwa (UK) Limited, with the Company subsequently being renamed
Axiom Manufacturing Services Limited on April 10, 2002.

2.  SUMMARY OF SIGNIFICANT ACCOUNTIND POLICIES

Basis of Presentation - The accompanying un-audited consolidated financial
statements have been prepared in accordance with generally accepted accounting
principles in the United States of America for interim financial information.
Accordingly they do not include all of the information and footnotes required
by generally accepted accounting principles in the United States of America for
full year financial statements. In the opinion of management, all adjustments
considered necessary for a fair presentation have been included and are of a
normal, recurring nature. Operating results for the six months ended June 30,
2006 and 2005 are not necessarily indicative of the results that may be accepted
for the year ending December 31, 2006. These consolidated financial statements
should be read in conjunction with the consolidated financial statements and the
notes thereto that are included in the Company's annual report on Form 10K for
the year ended December 31, 2005.

Foreign Currency Translation - The functional currency of the Company's
operation in the UK is the British pound sterling. Results of operations and
cash flows are translated at average exchange rates during the period while
specific investment and financing activities are translated at rates in effect
at the time of the cash inflow or outflow. Assets and liabilities are
translated at end of period exchange rates. Foreign currency transaction gains
or losses are included in the determination of net income.

Revenue Recognition - Sales revenues are recognized when the products are
shipped to the customer or services are rendered, net of discounts, returns and
allowances.

Trade Receivables - Trade receivables are stated at net realisable value. This
value includes an appropriate estimated allowance for uncollectible accounts.
The allowance is calculated based upon an evaluation of the level of past due
accounts and the relationship with and the economic status of the customer.

Inventories - Inventories are stated at the lower of cost or market value. Cost
is determined using the first in first out method. Inventory quantities on hand
are regularly reviewed and where necessary, reserves for excess and unusable
inventories recorded.

Property, plant and equipment - Property, plant and equipment are recorded at
cost, net of accumulated depreciation. Depreciation is computed on a straight
line basis over estimated useful lives of various asset classes as follows:

   Building & building improvements     20 to 45 years
   Machinery & equipment                5 to 10 years
   Fixtures and fittings                3 to 8 years

Upon retirement or sales, the costs and related depreciation of the asset
disposed of, are removed from the accounts and any resulting gain or loss is
included in the determination of income. Repairs and maintenance costs are
expensed as incurred. The Company reviews its property and equipment annually
for impairment, and accordingly will write down those assets to their estimated
fair value.

Advertising Costs - The Company expenses advertising costs when incurred.

Restructuring - To downsize and streamline operations and rationalise its
manufacturing facilities, the Company has periodically recorded restructuring
costs.

Recent Accounting Pronouncements - In November 2004, the FASB issued Statement
No.151, Inventory Costs - an amendment of ARB No. 43, Chapter 4 (FAS 151),
which is effective beginning January 1, 2006. FAS 151 requires that abnormal
amounts of idle facility expenses, freight, handling costs and wasted material
be recognized as current period charges. The Statement also requires that
allocation of fixed production overhead be based on the normal capacity of the
production facilities. The effect of this Statement on the Company's financial
position or result of operation has not yet been determined.

In December 2004, the FASB issued Statement No.123R, Share-Based Payment
(FAS 123R), which is effective beginning July 1, 2005. FAS 123R requires all
share-based payments to employees to be expensed over the requisite service
period based on the grant date fair value of the awards. The Statement allows
for either prospective or retrospective adoption and requires that the unvested
portion of all outstanding awards upon adoption be recognized using the same
fair value and attribution methodologies previously determined under Statement
No. 123, Accounting for Stock-Based Compensation. The effect of this Statement
on the Company's financial position or results of operations has not yet been
determined.

3.  LOANS PAYABLE

The following is a breakdown of loans payable as of June 30, 2006 and December
31, 2005:

June 30, 2006
-------------
                                  Current portion     Non-current
                                 ----------------   ---------------
  Invoice discounting             $       3,411       $          -
  Bank loan                                 210                 13
  Intercompany loans                          0                297
  Finance lease agreements                   74                227
                                 ---------------    ---------------
         Total                    $       3,695       $        537
				         ---------------    ---------------

December 31, 2005
------------------
                                 Current portion        Non-current
                                -----------------    --------------
Invoice discounting               $       2,287       $          -
Bank loan                                   187                 16
Intercompany loans                            0                296
Finance lease agreements                    168                215
				        ----------------     --------------
         Total                    $       2,642       $        527
				        ----------------     --------------

4.  DEFERRED INCOME

In July 2002, the Company received a grant aid of $3.863million from the Welsh
Assembly Government. This funding was made available to safeguard jobs following
the decision by Aiwa Europe Limited to end original equipment production at
Newbridge in South Wales. The Welsh Assembly Government has been given security
in the form of a first lien on the land and buildings at Technology Park,
Newbridge and has the right to require repayment of part or all of the grant
under certain circumstances. The Company has treated the grant in aid as
deferred income and recognized a monthly amortization, based upon a formula to
credit other income.

5.  RENTAL INCOME

The Company's subsidiary has subleased certain of its spaces on annual basis for
$966,000 per year. The original lease term was from July 1, 2002 through June
30, 2004. The lessee has opted to extend the lease to June 30, 2008.




Item 2. Management's Discussion and Analysis of Financial Condition and Results
        of Operations


The discussion in this quarterly report on Form 10-Q contains forward looking
statements. Such statements are based upon beliefs of management as well as
assumptions made by and information currently available to management of the
Company as of the date of this report. These forward looking statements can be
identified by the use of such verbs as "expect", "anticipate", "believe" or
similar verbs or conjugations of such verbs. If any of these assumptions prove
incorrect or should unanticipated circumstances arise, the actual results of
the Company could materially differ from those anticipated by such forward
looking statements. The Company assumes no obligation to update any such forward
looking statements.

Overview

The Company was incorporated in the State of Delaware on March 8, 2002 as a
blank cheque company. On February 12, 2003, the Company acquired 100% of the
outstanding securities of Axiom Manufacturing Services Limited ("Axiom") with
the issuance and exchange of 13,562,002 shares of the Company's common stock
("the Merger"). Although the Company is the legal survivor in the Merger and
remains the registrant with the SEC, under generally accepted accounting
principles in the United States, the Merger was accounted for as a reverse
acquisition, whereby Axiom is considered the "acquirer" for financial reporting
purposes as its shareholders controlled more than 50% of the post transaction
combined company. Among other matters, this requires us to present all financial
statements, prior historical financial and other information of Axiom and
requires a retroactive restatement of Axiom historical shareholders investment
for the equivalent number of shares of common stock received in the Merger.
Accordingly, the Company's consolidated financial statements present the results
of the operations of Axiom for the year ended December 31, 2002, and reflect
the acquisition of the Company on February 12, 2003 under the purchase method of
accounting. Subsequent to February 12, 2003, the Company's operations reflect
the combined operations of the former Oxford and Axiom.

The Company conducts it s business through its subsidiary Axiom Manufacturing
Services Limited. Prior to its acquisition by Great Admirer in April 2002, Axiom
was a wholly owned subsidiary of Aiwa Europe Limited, which in turn was a
wholly-owned subsidiary of the Aiwa Company of Japan. (Note that the Aiwa
business was acquired by the Sony Corporation on October 1, 2002). As the sole
original equipment manufacturer of Aiwa's own-brand products in Europe, Axiom
was responsible for producing consumer electronics products primarily audio and
visual equipment on behalf of the Aiwa Company of Japan, for distribution in the
UK, France, Germany, Poland and the Netherlands. In December 2000 due to
gradually declining profit margins, Axiom started to provide electronic
manufacturing services (EMS) for third parties. In July 2001 production of Aiwa
branded products was terminated and Axiom became solely an EMS provider offering
its customers a comprehensive and integrated design and manufacturing service,
from initial product design through to volume production and aftermarket
support.

The Company provides electronics manufacturing services in the business to
business or business to industry sectors and to original equipment manufacturers
in the following market sectors:

    o   Medical devices
    o   Industrial control equipment
    o   Domestic appliances
    o   Computer and related products
    o   Testing and instrumentation products

As a result of efficiently managing costs and assets, Axiom is able to offer its
customers an outsourcing solution that represents a lower total cost of
acquisition than that typically provided by the OEM's own manufacturing
operation. OEM's contract with Axiom to build their products or to obtain
services related to product development and prototyping, volume manufacturing
or aftermarket support. In many cases Axiom builds products that carry the brand
name of its customers and substantially all of Axiom's manufacturing services
are provided on a turnkey basis where Axiom purchases customer specific
components from suppliers, assemble the components onto printed circuit boards,
perform post production testing and provide the customer with production
process and test documentation. Axiom also provides manufacturing services on a
consignment basis where material is free issued by the customer for Axiom to
build into finished printed circuit boards or product. Axiom offers its
customers flexible just in time delivery program which allow product shipments
to be closely coordinated with the customers' inventory requirements.
Additionally Axiom completes the assembly of final product for its customers by
integrating the manufactured printed circuit boards into the customers finished
products.

RESULTS OF OPERATIONS

Three and six month periods ended June 30, 2006 and 2005.

Revenues

Revenues for the three month period ended June 30, 2006 increased 24.9% to
$9.69million as compared to $7.75million for the same period in 2005, and
revenues for the six month period ended June 30, 2006 increased 31.76% to
$19.28million as compared to $14.63million for the six month period ended June
30 2005.

Although Axiom has added three new customers during 2006, most of the growth
in revenues has come from the existing customer base as a result of the
following:

    o   new product ranges for existing customers
    o   move from only producing printed circuit boards to a fully outsourced
        service offering, manufacturing customer finished product

Cost of sales

Cost of sales consists of the material cost of goods sold, direct overhead,
direct wages and direct depreciation expenses. For the three months ended June
30, 2006, cost of sales was 23.44% higher at $8.53million as compared to $6.91
million for the three months ended June 30, 2005 and for the six months ended
June 30, 2006 cost of sales was 28.09% higher at $17.01million as compared to
$13.20 million for the same period in 2005. These increases are driven by the
increased material cost associated with the higher sales volumes. The cost of
sales as a percentage of sales actually decreased to 87.9% for the three months
ended June 30, 2006 from 89.1% for the three months ended June 30, 2005 and to
88.2% for the six months to June 30, 2006 from 90.2% for the six months ended
June 30, 2005. There are two reasons for this:

   o  labor efficiency gains as a result of setting up dedicated production
      cells, staff training and better labor utilization.

   o  negotiated material price reductions as a result of procuring higher
 volumes of materials. This has generated additional benefits with major
 partnership suppliers putting consigned inventories on site at Axiom resulting
in fewer material shortages and materials being paid for at the point of use.

Operating Expenses

Operating expenses consist of selling, general and administrative expenses.
Selling, general and administrative expenses for the three months ended June 30,
2006 were $907,000 or 9.3% of total revenues compared to $825,000 or 10.6% of
total revenues for the three months ended June 30, 2005. The increased level of
expenditure in 2006 is due to higher salaries and wages (increased headcount
and salary levels), indirect material costs linked to the higher sales volumes,
building maintenance and rates (local property tax). These increases were
partially offset by lower expenditure on marketing and promotions following a
refocusing of telemarketing and advertising activity, sundry freight due to
consolidation of deliveries, and recruitment fees. For the six months ended June
30, 2006, selling general and administrative expenses were $1.905million or
9.8% of total revenues compared to $1.605million or 10.9% of total revenues in
the six months to June 30, 2005. The main increases in the period to June 30,
2006 compared to the same period in the prior year were again higher headcount
costs and building maintenance. There was also a gain from the sale of redundant
fixed assets in the period to June 30, 2005 which was not repeated in the period
to June 30, 2006.

Rental Income and Economic Development Grant

For the quarter ended June 30, 2006, rental income and economic development
grant was $335,000 as compared to $311,000 for the quarter ended June 30, 2006
and $671,000 for the six months ended June 30, 2006 as compared to $626,000 for
the six months ended June 30, 2005. Rental income for the quarter ended June 30,
2006 was $27,000 higher than the same quarter in 2005 and $58,000 higher for the
six months ended June 30, 2006 compared to the six months to June 30, 2005 as a
result of further unused warehouse space being let to an existing tenant. For
the three months ending June 30, 2006, the economic development grant was
amortized in the amount of $168,000 as compared to $171,000 for the same period
of the previous year and amortized in the amount of $335,000 for the six months
to June 30, 2006 as compared to $348,000 for the six months to June 30, 2005.

Interest expenses

Interest expenses for the three months ended June 30, 2006 was $69,000 as
compared to $58,000 for the same period of the previous year and for the six
months to June 30, 2006 was $115,000 as compared to $105,000 for the six months
to June 30, 2005. This small increase is attributable to higher borrowing levels
in 2006 driven by the overall growth in the business.

Net Income

As a result of the factors discussed above, for the three month period ending
June 30, 2006, net income was $580,000 as compared to net income of $274,000
for the three month period ending June 30, 2005 and $961,000 for the six months
to June 30, 2006 as compared to $342,000 for the six months to June 30, 2005.
This resulted in a basic income per share of $0.03 on weighted average common
shares outstanding of 18,564,002 for the three month period ended June 30,2006
as compared to basic income per share of $0.01 on the same number of weighted
average common shares outstanding in the same period of the previous year. The
basic income per share for the six months to June 30, 2006 was $0.05 on
18,564,002 shares as compared to $0.02 per share for the six months to June 30,
2005 also on 18,564,002 shares.

Liquidity and Capital Resources

The Company's primary source of liquidity is cash provided by operations and
borrowings under its credit facilities. As of June 30, 2006, we had cash and
cash equivalents of $418,000.

For the six months ended June 30, 2006, net cash used in operations was
$1,060,000 as compared to $758,000 provided by operations in the same period of
the prior year.

Net cash inflow from financing activities for the six month period ended June
30, 2006 was $1,063,000, as compared to net cash used in financing activities
of $321,000 for the same period of the previous year.

For the six months ended June 30, 2006, short-term liquidity needs were met by
invoice discounting, finance lease arrangements, inter-company and bank loans.
The Company's banking facilities comprise an invoice discounting facility with
a maximum advance limit of $4,252,930 subject to the level of qualifying sales
invoiced and a bank overdraft of $184,910. Interest rates are calculated with
reference to bank base rates. At June 30, 2006, interest on invoice discounting
facility was charged at 1.65% above Base and interest on the bank overdraft at
2% above Base. The accounts receivable of the Company is collateral for this
arrangement.

The following summarizes our debt and other contractual obligations at June 30,
2006:

Description                  Amount                   Term
------------------------  --------------  --------------------------------------
Invoice discounting        $ 3,411,000   Ongoing until facility terminated
Bank loan                  $    42,500   5 year term commencing June 2002
Overdraft		         $   180,400
Inter-company Loan         $   297,000
Finance lease agreements   $   301,400   Mix of 5 and10 year term commencing
                                         August 2002 and April 2005
--------------------------------------------------------------------------------
Total                     $  4,232,300

As of the date of this Report, we are in compliance with all covenants under our
existing credit facilities.

In the event that adequate funding is not available from existing credit
facilities, we would work with existing lenders to identify additional sources
of financing. We have no current plans to make significant capital expenditures.
At present we do not have any arrangements for financing except those mentioned
above. While there can be no assurance that we will have sufficient funds over
the next twelve months, we believe that funds generated from operations plus
borrowings under our invoice discounting facility will be adequate to meet our
anticipated operating expenses, capital expenditure and debt obligations for at
least the next twelve months. Nevertheless, our continuing operating and
investing activities may require us to obtain additional sources of financing.
There can be no assurance that any necessary additional financing will be
available to us on commercially reasonable terms, if at all.

Off-Balance Sheet Arrangements

There are no off-balance sheet arrangements.

Critical Accounting Policies

Disclosure of the Company's significant accounting policies is included in Note
2 to the consolidated financial statements of the Company's Annual Report on
Form 10-K for the year ended December 31, 2005. Some of these policies require
management to make estimates and assumptions that may affect the reported
amounts in the Company's financial statement.



Item 3.   QUANTITIVE & QUALITATIVE DISCLOSURES ABOUT MARKET RISK

There has been no significant change in the Company's exposure to market risk
during the first six months of 2006. For a discussion of the Company's exposure
to market risk, refer to Item 7A, Quantitative and Qualitative Disclosure about
Market Risk contained in the Company's Annual Report on Form 10-K for the year
ended December 31, 2005, incorporated herein by reference.


Item 4.   CONTROLS AND PROCEDURES

Under the supervision and with the participation of the Company's President (the
principal executive officer and the principal financial officer), management
has evaluated the effectiveness of the design and operation of the Company's
disclosure controls and procedures. Based on that evaluation, the President
concluded that the Company's disclosure controls and procedures were effective
as of June 30, 2006.

There were no changes in internal control over financial reporting that occurred
during the last fiscal quarter covered by this report that have materially
affected, or are reasonably likely to affect, the Company's internal control
over financial reporting.



                          PART II.  OTHER INFORMATION


Item 1.  Legal proceedings:   None.


Item 1A.  Risk Factors

There have been no material changes from the risk factors previously disclosed
in Part I, Item iA, "Risk Factors," of the Company's Annual Report on Form 10-K
for the year ended December 31, 2005.


Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds:  None.


Item 3.  Defaults upon Senior Securities:   None.


Item 4.  Submission of Matters to a Vote of Security Holders:   None.


Item 5.  Other Information:  None.


Item 6.  Exhibits:

(a)  Exhibits

Exhibit No.                         Description
----------   -------------------------------------------------------------------
  31.1       Certification of CEO and CFO pursuant to Section 302 of the
             Sarbanes-Oxley Act of 2002.

  32.1       Certification of CEO and CFO pursuant to 18 U.S.C. Section 1350, as
             adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.




                                     SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



Oxford Technologies, Inc.


By: /s/ Jacinta Sit
-------------------------------------------------------------
Jacinta Sit, President and Chief Financial Officer
(Principal executive officer and principal financial officer)


Date:  October 11, 2006