Cedar Direct Limited

Cedar Direct Limited is a small holding company based in Warminster, UK, founded seven years ago in 2017. With a real address and an e-commerce site, the company employs seven people and holds assets worth £504,856. It’s managed by two directors and has three owners, though the list of owners changed two years ago. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website showcases a specialization in Western Red Cedar cladding and fencing, offering a wide range of profiles and accessories. They cater to both the trade and self-build industries, emphasizing low cost, high quality, and British or Canadian sourcing. The site highlights the company’s expertise and passion for cedar, positioning themselves as specialists in the field.

Financially, Cedar Direct Limited presents a mixed picture. Current assets have decreased by 23%, falling to £500,000, while net assets have also declined by 6.1%, reaching £470,000. Bank borrowings have been reduced by 17%, settling at £150,000, and cash reserves have increased significantly by 95%, reaching £360,000. However, trade debtors have fallen by 87%, and creditors have decreased by 50%. The company’s employee count has increased by 43%, reaching ten. The company is exempt from audit as a small company. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in debtors suggests a need to focus on payment collection.

Registered in England/Wales under the registration number 10755716, with a registered address at BA12 8BR, England, Warminster, Wiltshire, 43 - 45 Woodcock Industrial Estate Woodcock Road.

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