County Hardwoods Limited

County Hardwoods Limited, based in Taunton, UK, is a small, family-run business with an active status, having been established 26 years ago in 1998. Employing just two people, the company holds assets valued at £225,783 and operates from a real address. With three directors and two owners, it’s a tight-knit operation, boasting a perfect 5.0 Google rating based on a single review. County Hardwoods is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import activity recorded 1 month ago.

The company’s core business involves the wholesale of other intermediate products and the letting and operating of own or leased real estate. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company’s website, while not providing detailed information, suggests a focus on timber and related products, possibly supplying local tradespeople and smaller construction projects.

Financially, County Hardwoods shows a mixed picture. Current assets have increased by 20% to £230,000, while net assets have risen by 5.4% to £440,000. Bank borrowings remain stable at -£180, and cash reserves have improved significantly, increasing by 15% to £210,000. However, creditors have risen by 37% to £25,000, and trade debtors have increased by 130%, potentially indicating a need for improved credit control. The company’s lack of an auditor (likely exempt due to its small size) means the financial statements are unaudited.

The company's net losses deepened from -£10,000 to -£23,000, while cash reserves plummeted 71% to just £4,100. The lack of employees (zero reported) hints at a lean, possibly solo operation. Overall, County Hardwoods appears to be financially stable, but the increase in creditors and debtors warrants monitoring. The family-run nature of the business, combined with its niche focus, suggests a resilient operation, though future growth may depend on securing larger contracts or expanding its product range.

Registered in England/Wales under the registration number 03618645, with a registered address at TA3 5PX, Taunton, Somerset, Creech Mill, Creech St Michael.

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