Anglo-norden Forest Products Limited

Anglo Norden Forest Products Limited, based in Ipswich, UK, is a holding company with a 54-year history, currently employing 28 people. The company holds assets valued at £16,214,999 and operates from a real address, overseen by two directors and two owners. A Google rating of 4.0 from 13 reviews suggests a positive customer perception. The company is an active importer of wood and wood products, with a consistent record of 76 months of imports, the latest in January 01, 2025.

The company’s website highlights its role as a timber merchant, importing and reselling timber products. It began as a timber agent in Norwich in 1966, evolving to buy shipments and eventually developing its own shipping department to ensure supply continuity. Today, Anglo Norden operates from the Port of Ipswich, with its own terminal facilities and a purpose-built warehouse. A notable aspect is its connection to Woodbank Timber Ltd, which specializes in fencing and landscaping products. The business is still managed by the Wedel family, emphasizing quality and responsible sourcing.

Financially, Anglo Norden Forest Products Limited presents a mixed picture. Accrued liabilities decreased by 20%, while accumulated depreciation on plant machinery increased by 22%. Administrative expenses fell by 6.1%, and cash and cash equivalents experienced a significant increase of 250%. However, bank borrowings decreased by 9.3%, and profits declined sharply, dropping 87%. The company’s turnover is not mentioned, but the decrease in profits suggests potential challenges. While the company has not mentioned an auditor, it is likely exempt as a small company, relying on unaudited statements. The decrease in cash reserves and the increase in debt could indicate a need for careful financial management, though the increase in cash reserves could also be a one-off event.

Registered in England/Wales under the registration number 01003796, with a registered address at IP3 0BT, Ipswich, Suffolk, Eagle Wharf, Helena Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.