D.f.richards (veneers) Limited

Df Richards Veneers Ltd, based in Basildon, UK, is a small, holding company with an active status, celebrating 52 years in business. Employing 25 people and holding assets of £4,336,436, the company operates from a real address and is overseen by five directors and a single owner. Boasting a perfect 5.0 Google rating from 13 reviews, it’s a well-regarded supplier. Regular importer of wood and wood products (102 months) and exporter of paper and paperboard products (12 months), the company serves a wide range of clients.

The company’s website, df-richards.co.uk, showcases its position as a leading UK supplier of wood veneer. It offers raw flitch veneers, veneer layons, and management programs, catering to architects, designers, and craftsmen. The site highlights a wide selection of veneers, including oaks, black veneers, and smoked walnuts, with a focus on quality and sustainability. It even features a digital veneer identifier and CPD sessions, demonstrating a commitment to education and innovation. The site also has a popular veneers section, which shows off their most popular products.

Financially, Df Richards Veneers Ltd appears to be in a generally healthy position, though some trends warrant attention. Current assets have increased by 33%, reaching £4,300,000, while net assets have grown by 21%, settling at £3,600,000. Cash reserves have seen a substantial increase, jumping 98% to £1,700,000. However, creditors have risen significantly, increasing by 49% to £800,000, and trade debtors have also increased by 14% to £1,500,000, which could be a sign of slower customer payments. 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 for agility, but the rise in liabilities should be monitored. The lack of an auditor mentioned (likely exempt as a small company) means the financial statements are unaudited. Overall, Df Richards Veneers Ltd seems to be a thriving business with a strong reputation and a commitment to providing high-quality products and services, although the increase in liabilities should be kept in mind.

Registered in England/Wales under the registration number 01071471, with a registered address at SS14 3DA, England, Basildon, Essex, Kingfisher House, Chester Hall Lane.

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