David Salisbury Joinery Limited

David Salisbury Joinery Ltd, based in Highbridge, UK, is a large, holding company with an active status, celebrating 30 years in business. Employing 123 people, the company boasts significant assets of £3,496,066 and generates a yearly revenue of £14,399,185. With four directors and one owner, the company holds a perfect 5.0 Google rating based on a single review. It regularly imports wood and wood products, with the latest import occurring in December 2023.

The company specializes in the manufacture of builders' carpentry and joinery, and joinery installation, with a strong focus on bespoke orangeries and conservatories. Its website showcases a range of commercial buildings, extensions, and luxury wedding venues, highlighting partnerships with architects and developers. The company’s website details a commitment to traditional and contemporary designs, catering to businesses seeking to transform their spaces. They even offer a showroom in London and arrange visits to completed projects.

Financially, David Salisbury Joinery Ltd presents a mixed picture. While turnover remains substantial at £14.4 million, there are some concerning trends. Cash bank on hand has decreased by a significant 63%, falling to £1.3 million. Net assets have also declined by 37%, dropping to £880,000. However, creditors have decreased by 30%, suggesting improved debt management. Accumulated amortisation has increased by 120%, and depreciation expense has increased by 10%. The company’s large size (meeting two of three criteria for a large company) and the lack of an auditor mentioned (likely exempt due to size) means the figures are unaudited.

The decrease in cash reserves and net assets, despite a healthy revenue stream, suggests the company may be reinvesting heavily in growth or facing increased operating expenses. The increase in bank borrowings, however, is a point to watch. Overall, David Salisbury Joinery Ltd appears to be a well-established company with a strong reputation, but its financial health warrants close monitoring.

Registered in England/Wales under the registration number 03045350, with a registered address at TA9 4PW, Highbridge, Somerset, Bennett Road, Isleport Business Park.

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