David's Woodturning Ltd

David's Woodturning Ltd, based in Basildon, UK, is a small, active company founded two years ago. With a solo founder, one director, and a single employee, it holds £21,140 in assets and benefits from a perfect 5.0 Google rating based on three reviews. The company operates in a diverse range of industries, including wood product manufacturing, retail sales via internet, video production, and information technology services.

The company's website, salesdavidreading.com, showcases a passion for woodturning, with a focus on specialist services and bespoke commissions. David Reading, the founder, has been working with wood for 25 years, leveraging both traditional craftsmanship and modern CNC technology to produce high-quality items like architectural columns, chair legs, and bespoke designs. Testimonials highlight swift turnaround times and satisfaction with finishes, particularly for shopfitting projects.

Financially, David's Woodturning Ltd presents a mixed picture. While the company meets the criteria for a small business – turnover under £10.2m, assets under £5.1m, and fewer than 10 employees – its equity has remained stable at £33,000. Cash reserves are solid at £5,800, but trade debtors have increased to £15,000, which could indicate a delay in customer payments. Accumulated depreciation has remained constant at £4,100. With no auditor mentioned, the accounts are unaudited, and the figures are director-reported. The company’s fixed assets, including plant machinery, have remained constant at £16,000. Overall, the business appears to be holding its own, but the increase in debtors is something to keep an eye on.

Registered in England/Wales under the registration number 14795295, with a registered address at SS13 1JF, England, Basildon, 28 Daltons Fen, Pitsea.

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