Cork Tree Ltd

Cork Tree Ltd, based in Hexham, UK, is a small, active company founded 20 years ago. With three employees and £90,298 in assets, it operates a real address and boasts a perfect 5.0 Google rating from a single review. The company is led by three directors and owned by three individuals, and it runs an e-commerce site specializing in cork flooring solutions.

The website, Cork Tree Ltd, is clearly focused on selling cork flooring and related products. It offers a range of options, from traditional to contemporary styles, including cork tiles, floating floors, and wall tiles. The site emphasizes comfort, luxury, sustainability, and durability, highlighting the practical benefits and aesthetic appeal of cork. It also provides helpful information on fitting, cleaning, and maintenance, catering to both trade and retail customers. The site’s design is clean and modern, with high-quality images showcasing the products in stylish settings.

Financially, Cork Tree Ltd presents a mixed picture. Current assets have decreased by 6.4% to £90,000, while cash reserves have fallen 14% to £73,000. Creditors have significantly increased, rising 210% after one year and 56% within one year, suggesting a reliance on short-term financing. Equity has also declined by 40%, reflecting a decrease in retained earnings. Despite these challenges, the company’s small size—meeting two of three criteria for a small company—allows for flexibility. The unaudited accounts, exempt from an audit, rely on director-reported data.

While the company’s online presence is strong and its products well-regarded, the financial data indicates a period of adjustment. The increase in creditors suggests a need to manage cash flow effectively, and the decline in equity warrants close monitoring. It's likely that the company is working through a period of growth, but the figures do indicate some financial pressures.

Registered in England/Wales under the registration number 05421193, with a registered address at NE46 3PU, England, Hexham, Northumberland, 25d Haugh Lane Industrial Estate.

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