Composite Timber Company Ltd

Composite Timber Company Ltd, based in Preston, UK, is a small, active company established just a year ago. With a single employee and £140,698 in assets, it operates from a real address and is overseen by two directors and two owners. The company is a regular importer of wood and wood products, with six months of import activity recorded, the last operation occurring in July 2024.

The company’s website showcases a focus on composite wood decking, balustrade, fencing, and wall cladding. It highlights a partnership with a large composite products manufacturer in China, enabling both bulk container shipments and smaller pallet deliveries from its UK warehouse. The site emphasizes quality, ease of installation, eco-friendliness, and a 25-year guarantee. It’s clear Composite Timber Company Ltd is aiming to establish itself as a supplier of premium composite timber products, likely targeting trade customers and DIY enthusiasts.

Financially, Composite Timber Company Ltd presents a mixed picture. While current assets remain at £140,000, equity sits at a negative £7,800—a concerning trend. Bank borrowings aren't mentioned, but creditors are a substantial £150,000, suggesting a reliance on trade credit. Cash reserves are a modest £460. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the negative equity and high creditors warrant attention. No auditor is listed, consistent with its status as a small, exempt company. The company’s focus on imported products also means it’s potentially vulnerable to supply chain disruptions and currency fluctuations. It's possible the company is investing heavily in inventory to meet demand, which could explain the negative equity, but it’s a situation that needs careful monitoring.

Registered in England/Wales under the registration number 14912017, with a registered address at PR4 2WR, England, Preston, 19 First Avenue, Wrea Green.

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