Archwood Limited

Archwood Ltd, based in Wrexham, UK, is a sizable company with a long history, having been founded 38 years ago in 1986. The company operates as a holding company and currently employs 116 people, managing assets worth £10.785 million and generating an annual revenue of £23.641 million. With five directors and one owner, Archwood Ltd has a solid 4.0-star rating on Google based on 11 reviews. The company regularly imports and exports wood and wood products, with a substantial 390 months of import activity and 97 months of export activity.

The company's core business revolves around the sawmilling and planing of wood, serving as a manufacturer located in Chirk, Wales. It’s a private limited company and operates from a real address, with only six companies registered at the same location, suggesting a relatively low density of businesses in the area. The company is currently active and has been incorporated for thirty eight years.

Financially, Archwood Ltd presents a mixed picture. While turnover remained steady at £23.641 million, net assets decreased by 13% to £6.7 million. Bank borrowings have significantly reduced by 57%, a positive sign, but cash reserves have also declined by 5%. Administrative expenses decreased by 8.4%, and the company’s tax rate has increased by 32%, which could impact profitability. The company’s current assets are at £11 million, and it has a net profit of £510,000. The company’s auditor is D.R.E. & Co. (Audit) Limited.

The company’s size qualifies it as a large company, having met two of the three conditions: turnover exceeding £36 million and balance sheet total exceeding £18 million, alongside having more than 250 employees. The decrease in net assets, however, warrants closer attention. The company’s consistent import and export activity, along with its established presence in the wood industry, suggests a stable foundation, but the financial trends indicate a need for careful management and potentially, a re-evaluation of expenses.

Registered in England/Wales under the registration number 02037421, with a registered address at LL14 5RL, Wales, Wrexham, Burbidge House Canal Wood Industrial Estate, Chirk.

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