D H H Timber Products Limited

Dhh Timber Products Ltd is a large, active company established 35 years ago, holding a significant £11.95 million in assets and generating £24.71 million in yearly revenue. Employing 24 people, it operates as a holding company and boasts a Google rating of 4.0 based on 15 reviews. While the company is registered at a London address, 141 other companies share the same location, suggesting a virtual address. Four directors and one owner (with ownership details limited to those holding over 25% of shares) manage the business.

The company’s website, dhhpanelproducts.co.uk, reveals a focus on supplying birch plywood and specialist panel products to businesses across the UK and Europe. It operates as a retailer and wholesaler, offering a wide range of products including fire-rated panels, marine plywood, and MDF. The site highlights nationwide delivery, FSC/PEFC certification, and a commitment to sustainable forestry. It also features a dedicated section for architects, providing technical information and product specifications. The website even has a blog with articles on industry trends and product features.

Financially, Dhh Timber Products Ltd shows some concerning trends. While turnover remained steady, administrative expenses increased by 8.8%, impacting profitability. Cash and cash equivalents surged dramatically, increasing by 13000%, which could indicate a one-off event or a shift in working capital management. Creditors decreased by 36%, suggesting improved debt management, but a significant drop in net assets—down 28%—raises questions about equity. The company’s auditors, BKL Audit LLP, signed off on the accounts. Despite these fluctuations, the company remains a significant player in the timber panel market, with a long history and a strong focus on customer service.

Registered in England/Wales under the registration number 02377214, with a registered address at N3 1XW, 35 Ballards Lane, London.

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