Akz Forest Products Ltd.
- Small
- Holding
- Active
- 5 years
- 1 employee
- £485,474 (assets)
- Virtual address
- 1 director
- 1 owner
- Regular importer
- Rating 5.0 (1)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Phones
Summary
Akz Forest Products Ltd, based in Tonbridge, UK, is a small, holding company with an active status. Founded five years ago in 2020, the company employs just one person and holds £485,474 in assets. It operates from a virtual address – thirty-two companies are registered at the same location – and is led by one director and one owner. A perfect 5.0 Google rating from a single review highlights its reputation. Akz Forest Products Ltd is a regular importer of wood and wood products, with 32 months of import activity recorded, the latest in February 2025.
The company’s website, while minimal, indicates it operates within the wholesale of wood, construction materials, and sanitary equipment industries. It’s not clear if it operates an e-commerce site, but it’s likely focused on B2B sales.
Financially, Akz Forest Products Ltd presents a mixed picture. Cash reserves increased significantly by 250%, jumping to £79,000, a positive sign. However, net assets still sit at a negative £200,000, a concerning trend. Creditors have risen by 57%, reaching £510,000, and trade debtors have ballooned by 370% to £270,000, suggesting a reliance on credit. Inventory levels have decreased by 46%, potentially indicating a focus on leaner stock management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity warrants attention. The financial statements are audited, and the auditor is Blue Swift Accountants Limited.
While the company’s import activity and Google rating suggest a solid foundation, the financial data reveals a business that is burning through money. The increased debt and negative equity could be a result of startup costs, aggressive growth, or market challenges. It's likely that the company is relying on its holding company structure and its regular import operations to sustain itself, but the long-term financial health remains uncertain.
Registered in England/Wales under the registration number 12460256, with a registered address at TN9 1EP, United Kingdom, Tonbridge, Kent, 37 Riverside House River Lawn Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Mercador Sia
- 5 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
-
Resident of Latvia
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Accounts for a small company made up to 2024-12-31Download 7 pages pdf report
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Confirmation statement made on 2025-02-12 with no updatesDownload 3 pages pdf report
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Accounts for a small company made up to 2023-12-31Download 7 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Akz Forest Products Ltd.
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