Decorative Panels Lamination Limited

Decorative Panels Lamination Limited, based in Elland, UK, is a large company with a 24-year history, employing 48 people and holding £17,088,472 in assets. Generating £46,478,320 in revenue annually, it operates as a holding company with nine directors and one owner, maintaining a solid 4.0-star Google rating from 20 reviews. The company is a regular importer of wood and wood products (130 months), but only occasionally exports (2 months).

The business is part of the larger Decorative Panels Group, which also includes Decorative Panels Components and Decorative Panels Furniture. They specialize in manufacturing veneer sheets and wood-based panels, playing a key role in the furniture industry. Their website showcases a wide range of products, from decorative faced sheet materials to flat-pack furniture, and highlights their history dating back to 2007. They even have a showroom in Harrods, London.

Financially, Decorative Panels Lamination Limited shows some concerning trends. While revenue remains strong, current assets have decreased by 11% to £17,000,000. Bank borrowings have increased significantly, and cash reserves have fallen, suggesting a tighter financial situation. Creditors have also decreased, which could indicate improved debt management. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the decline in assets is something to keep an eye on. The company’s financial statements were audited by Forvis Mazars LLP. The company’s website also mentions a focus on sustainability and employee spotlight stories, which shows a commitment to their team and values.

Registered in England/Wales under the registration number 04154876, with a registered address at HX5 9HF, Elland, West Yorkshire, Century House, Premier Way, Lowfield Business Park.

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