Caley Timber & Building Supplies Limited

Caley Timber & Building Supplies Ltd, based in Inverness, UK, is a small, active company founded 22 years ago. Employing 23 people, it holds assets valued at £3,064,545 and operates from a real address on the Dalcross Industrial Estate. With four directors and three owners—including a solo founder—the company maintains a respectable 4.0-star Google rating based on 15 reviews. It’s an irregular importer, primarily dealing in ceramic products, with the last import recorded over a year ago in April 2022.

The company's website highlights its role as an employee-owned business serving the Highlands and Islands. Caley Timber & Building Supplies Ltd operates two branches, one in Inverness and another in Benbecula, catering to both trade customers and self-builders. It emphasizes an extensive product range, a fleet of delivery trucks, and membership in National Buying Group and National Merchants Buying Society, allowing access to a wide range of suppliers. The website also promotes its expertise in timber, building materials, insulation, groundworks, landscaping, drainage, civils, and roofing.

Financially, the company’s performance shows some concerning trends. Accumulated depreciation on plant machinery increased by a significant 74%, while computer equipment depreciation rose by 11%. Cash reserves remained stable at £1.6 million, but creditors increased by 23%, reaching £1.1 million. Net assets decreased by 5%, falling to £2.4 million. The company’s small size—meeting two of three criteria for being classified as small—helps it remain flexible, but the rise in creditors and decrease in equity warrant closer examination. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, Caley Timber & Building Supplies Ltd appears to be a well-regarded local supplier facing some financial pressures. While its employee-owned structure and broad product range are strengths, managing its debt and maintaining profitability will be crucial for its continued success.

Registered in Scotland under the registration number SC242415, with a registered address at IV2 7XB, Inverness, Highland, Unit 15, Dalcross Industrial Estate.

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