Davids Timber Ltd

Davids Timber Ltd from Dunstable UK: small company, active status, founded 6 years ago, 2 employees, £105,952 assets, real address, 3 directors, 2 owners, family business. Regular importer of wood and wood products (58 months imported). Regular exporter of vehicles, parts, and accessories (not for trains or trams) (3 months exported). It’s a small, family-run business operating in the UK, with a real address and a tight-knit team of two employees. Founded in 2018, the company has established itself as a regular importer of wood and wood products, with a consistent history of importing over the last four years. It also exports vehicles, parts, and accessories, although this activity is more recent, starting just three months ago.

Davids Timber Ltd’s core business revolves around supplying timber and related products, as evidenced by its website. The site showcases a wide range of materials, including reclaimed railway sleepers, new sleepers, scaffold boards, and decorative stones. The company also highlights its expertise in piano restoration, operating a separate division called 1066 Pianos. This division, based in Cambridge, even has a showroom in Harrods, London, specializing in museum-grade restorations and disaster recovery services. It’s quite an interesting mix of timber supply and high-end piano work.

Financially, Davids Timber Ltd presents a mixed picture. Cash reserves have impressively increased by 180%, reaching £110,000, a positive sign of liquidity. However, net assets have also increased by 410%, reaching £67,000, which is good. Creditors have decreased by 16%, suggesting better debt management. However, bank borrowings have decreased by 45%, which is good. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

Overall, Davids Timber Ltd seems to be a stable, albeit small, business. The dual focus on timber supply and piano restoration creates a unique profile, and the recent financial improvements suggest a company on a solid footing. It’s a family business with a good reputation, but it’s important to monitor the long-term trends to ensure continued success.

Registered in England/Wales under the registration number 11651845, with a registered address at LU6 3QL, United Kingdom, Dunstable, Unit 9, Packhorse Industrial Estate, Unit 9, Packhorse Industrial Estate.

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