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 September 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 November 27, 2006.







                                 TABLE OF CONTENTS


Part I. Financial Information

Item1.  Financial Statements

  Condensed Consolidated Balance Sheets as of September 30, 2006
     (unaudited) and December 31, 2005 (audited)......................         3

  Condensed Consolidated Statements of Income (unaudited)
     for the Nine Months and Three Months Ended September 30,2006 & 2005       4

  Condensed Consolidated Statements of Cash Flows (unaudited)
      for the Nine Months Ended September 30, 2006 and 2005...........         5

Notes to Consolidated Financial Statements............................         6

Item 2. Management's Discussion and Analysis or Plan of Operation.....         8

Item 3. Quantitative and Qualitative Disclosure about market risk.....        13


Item 4. Controls and Procedures.......................................        13


Part II.   Other Information


Item 1.  Legal Information............................................        14
Item 2.  Changes in Securities........................................        14
Item 3.  Defaults upon Senior Securities..............................        14
Item 4.  Submission of Matters to a Vote of Security Holders..........        14
Item 5.  Other Information............................................        14







Item 1.  Financial Statements



			             OXFORD TECHNOLOGIES, INC.
                              CONSOLIDATED BALANCE SHEETS



                                       ASSETS
<TABLE>
<CAPTION>


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

                                                         <c>                  <c>
Current assets:
Cash and cash equivalents...........................          $        1,314      $        556
Accounts receivable, net of allowance for doubtful
 accounts of $ nil as of Sept 30, 2006 and
  Dec. 31, 2005 respectively........................                   7,288             5,586
Inventory...........................................                   5,488             5,987
Deferred income taxes...............................                      86               201
Other current assets................................                     625               416
                                                              --------------      ------------
   Total Current Assets.............................                  14,801            12,746

Property and equipment, net of accumulated depreciation
 $28,750 & $24,498 as of Sept 30, 2006 and
 Dec. 31, 2005, respectively........................                  15,041            14,004

Other assets
Deferred income taxes...............................                     251               134
                                                              --------------      ------------
                                                               $      30,093      $     26,884
                                                              ==============      ============


                                   LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
Accounts payable....................................           $       5,145      $      5,764
Notes payable, current portion......................                   2,947             2,642
Taxes payable.......................................                     479               668
Accrued expenses and other payables.................                   1,215               504
Deferred income, current portion....................                     853               639
                                                               -------------      ------------
   Total Current Liabilities........................                  10,639            10,217

Long-term Liabilities:
Deferred income, non-current portion................                   1,041             1,248
Capital leases, non current portion.................                     230               215
Notes payable, non-current portion..................                     359               312
                                                               -------------      ------------
   Total Long-term Liabilities......................                   1,630             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..............                   2,576             1,134
Accumulated Deficit.................................                (17,681)          (19,171)
                                                              --------------     -------------
   Total Shareholders' Equity.......................                  17,824            14,892
                                                              --------------     -------------
                                                              $       30,093     $      26,884
                                                              ==============     =============


   The accompanying notes are an integral part of the statements

</TABLE>










                                       OXFORD TECHNOLOGIES, INC.
                                    CONSOLIDATED STATEMENTS OF INCOME


<TABLE>
<CAPTION>


                                                      Three-Month Period Ended      Nine-Month Period Ended
                                                              Sept 30,                     Sept 30,
                                                    --------------------------   ---------------------------
                                                         2006         2005            2006          2005
                                                    -------------  -----------   ------------  -------------
                                                       US$'000      US$'000        US$'000        US$'000
(Dollars in thousands except per share data)

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

Sales.......................................        $     9,604   $    7,697    $    28,891   $    22,391
Cost of Sales...............................              8,513        6,924         25,532        20,188
                                                    ------------  -----------   ------------  ------------
Gross Profit................................              1,091          773          3,359         2,203

Operating Expenses
  Selling, general and administrative.......                963          819          2,866         2,430
                                                    ------------  -----------   ------------  ------------
Operating Income (Loss).....................                128         (46)            493         (277)

Other Income and Expenses
  Rental income.............................                343         159             675          439
  Economic development grant................                188         165             523          514
  Interest income...........................                  5           -              10            -
  Interest expense..........................               (70)        (53)           (184)        (158)
                                                   ------------- -----------   ------------- ------------
Net Income Before Income Tax................              594           225           1,517          568

Income tax (liability)......................                66	        -              27            -
                                                   ------------  -----------   ------------- ------------

Net Income..................................       $       528   $      225    $      1,490  $       568
                                                   ============  ===========   ============  ============

Basic & diluted income per share............       $      0.03   $     0.01    $       0.08         0.03
                                                   ============  ===========   ============  ============

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>

                                                                    Nine-Month Period
                                                                      Ended Sept 30,
                                                            --------------------------------
                                                                  2006              2005
                                                            ----------------  --------------
                                                                US $'000         US $'000

                                                                <c>              <c>

Cash Flows from Operating Activities:
Net Income.........................................          $    1,490      $       568
Adjustments to reconcile net income to net cash
Provided by operating activities:
 Depreciation and amortization.....................                 709              673
 Other assets......................................               (117)                -
 Amortization of grant received....................               (544)            (350)

Changes in operating assets and liabilities:
 Accounts receivable...............................             (1,702)              391
 Inventory.........................................                 499          (1,355)
 Other assets......................................                (94)              148
 Accounts payable..................................               (619)              872
 Taxes payable.....................................               (189)            (150)
 Accrued expenses and other payable................                 711            (102)
 Deferred income...................................                 177            (360)
                                                             -----------    ------------
Cash provided by operating activities..............                 321              335

Cash Flows from Investing Activities:
 Purchase of property and equipment................               (391)            (566)
 Proceeds from sale of property and equipment......                   -               31
                                                              ----------     -----------
Cash used in investing activities..................               (391)            (535)

Cash Flows from Financing Activities:
Payments on Notes payable..........................               (173)               74
Proceeds from Economic Development grant...........                 374                0
Proceeds from notes payable........................                 540              173
                                                             -----------     -----------
Cash provided by financing activities..............                 741              247

Effect of exchange rate changes on cash
& cash equivalents.................................                  87               61
                                                             -----------     ------------

Increase in cash and cash equivalents..............                 758              108

Cash and Cash Equivalents, Beginning...............          $      556      $        18
                                                             ===========     ============

Cash and Cash Equivalents, Ending..................          $    1,314      $       126
                                                             ===========     ============


Supplemental Disclosure of Cash Flow Information
 Cash paid for interest............................          $      184      $       158
                                                             ===========     ============



             The accompanying notes are an integral part of the statements


</TABLE>






                          OXFORD TECHNOLOGIES INC

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                          September 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: computers and related 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 ACCOUNTING 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 nine months ended
September 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.

New Authoritative Accounting Pronouncements - The company does not anticipate
the adoption of recently issued accounting pronouncements to have a significant
impact on the Company's results of operations, financial position or cash
flows.

3.  LOANS PAYABLE

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

September 30, 2006
------------------
                               Current portion         Non-current
                              ------------------   ------------------

Invoice discounting             $         2,746     $             -
Bank loan                                   171                  13
Inter-company loans                           0                 346
Finance lease agreements                     30                 230
                              ------------------   -----------------
     Total                      $         2,947     $           589
                              ------------------   -----------------

December 31, 2005
-----------------
                                Current portion        Non-current
                              ------------------    -----------------

Invoice discounting             $         2,287      $            -
Bank loan                                   187                  16
Inter-company loans                           0                 296
Finance lease agreements                    168                 215
                              -----------------     ----------------
    Total                       $         2,642      $          527
                              -----------------     ----------------


4.   DEFERRED INCOME

In July 2002, the Company received grant aid of $3.863 million 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 or Plan of Operation

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   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 programmes 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 nine month periods ended September 30, 2006 and 2005
--------------------------------------------------------------

Revenues
--------

Revenues for the three month period ended September 30, 2006 increased 24.7%
to $9.6 million as compared to $7.7 million for the same period in 2005, and
revenues for the nine month period ended September 30, 2006 increased 29.02%
to $28.89 million as compared to $22.39 million for the nine month period ended
September 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  Development of 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
September 30, 2006, cost of sales was 22.9% higher at $8.51million as compared
to $6.92 million for the three months ended September 30, 2005 and for the nine
months ended September 30, 2006 cost of sales was 26.5% higher at $25.53 million
as compared to $20.19million 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 88.6% for the
three months ended September 30, 2006 from 89.95% for the three months ended
September 30, 2005 and to 88.4% for the nine months to September 30, 2006 from
90.2% for the nine months ended September 30, 2005. There are two reasons for
this:

  o  Labour efficiency gains as a result of setting up dedicated production
cells, staff training and better labour utilization;

  o  Negotiated material price reductions as a result of procuring higher
volumes of materials. This has generated other benefits with major partnership
suppliers placing 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
September 30, 2006 were $963,000 or 10.0% of total revenues compared to $819,000
or 10.6% of total revenues for the three months ended September 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
nine months ended September 30, 2006, selling general and administrative
expenses were $2.866 million or 9.9% of total revenues compared to $2.430
million or 10.9% of total revenues in the nine months to September 30, 2005. The
main increases in the period to September 30, 2006 compared to the same period
in the prior year were again higher headcount costs, postage and building
maintenance. There was also a gain from the sale of redundant fixed assets in
the period to September 30, 2005 which was not repeated in the period to
September 30, 2006.

Rental Income and Economic Development Grant
--------------------------------------------

For the quarter ended September 30, 2006, rental income and economic development
grant was $531,000 as compared to $324,000 for the quarter ended September 30,
2005 and $1,198,000 for the nine months ended September 30, 2006 as compared to
$953,000 for the nine months ended September 30, 2005. Rental income for the
quarter ended September 30, 2006 was $184,000 higher than the same quarter in
2005 and $236,000 higher for the nine months ended September 30, 2006 compared
to the nine months to September 30, 2005 as a result of further unused warehouse
space being let to an existing tenant. For the three months ending September 30,
2006, the economic development grant was amortized in the amount of $188,000 as
compared to $165,000 for the same period of the previous year and amortized in
the amount of $523,000 for the nine months to September 30, 2006 as compared to
$514,000 for the nine months to September 30, 2005. The increase in 2006 over
2005 is all related to movement in the exchange rate between the US dollar and
the pound sterling - the sterling equivalents are unchanged between the periods.

Interest expenses
-----------------

Interest expenses for the three months ended September 30, 2006 was $70,000 as
compared to $53,000 for the same period of the previous year and for the nine
months to September 30, 2006 was $184,000 as compared to $158,000 for the nine
months to September 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
September 30, 2006, net income was $528,000 as compared to net income of
$225,000 for the three month period ending September 30, 2005 and $1,490,000
for the nine months to September 30, 2006 as compared to $568,000 for the nine
months to September 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 September 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 nine months to
September 30, 2006 was $0.08 on 18,564,002 shares as compared to $0.03 per
share for the nine months to September 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 September 30, 2006, we had cash
and cash equivalents of $1,314,000.

For the nine months ended September 30, 2006, net cash provided by operations
was $321,000 as compared to the $335,000 provided by operations in the same
period of the prior year.

Net cash inflow from financing activities for the nine month period ended
September 30, 2006 was $741,000, as compared to net cash used in financing
activities of $247,000 for the same period of the previous year.

For the nine months ended September 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 $3,487,500 subject to the level of qualifying
sales invoiced and a bank overdraft of $161,400. Interest rates are calculated
with reference to bank base rates.  At September 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
September 30, 2006:
<TABLE>
<CAPTION>

Description                  Amount                       Term

                            <c>                         <c>
------------------------  ---------------  --------------------------------------
Invoice discounting        $   2,746,400      Ongoing until facility terminated
Bank loan                  $      22,400      5 year term commencing Jun 2002
Overdraft                  $     161,400
Inter-company Loan         $     346,600
Finance lease agreements   $     260,100      Mix of 5 & 10 yr term commencing
                                              August 2002 & April 2005
---------------------------------------------------------------------------------
       Total               $   3,536,900
---------------------------------------------------------------------------------
</TABLE>

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 nine 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 September 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 Information:   None.


Item 2.  Changes in Securities:  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.






                                   SIGNATURES



In accordance with the requirements of the Exchange Act, the registrant 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: November 27, 2006