Direct Charcoal Limited

Direct Charcoal Ltd from Hope Valley UK: a small, active company founded 21 years ago, employs 16 people, and holds £4,385,614 in assets. It’s a family business with five directors and four owners, operating from a real address and running an e-commerce site. The company regularly imports wood and wood products (11 months) and exports machinery, boilers, and mechanical appliances; parts (10 months).

Direct Charcoal’s website showcases a wholesale operation focused on charcoal for various uses – restaurant, BBQ, industrial, and even medical filters. It’s clear they’re targeting both trade and retail customers, with a focus on quality and British craftsmanship. They even have a dedicated section for bulk orders, suggesting a focus on larger-scale clients. The site’s design is clean and professional, and the inclusion of a blog reinforces their expertise in the charcoal industry.

Looking at the financials, Direct Charcoal’s current assets have increased by a solid 4.6% to £4,400,000, which is a good sign. However, trade debtors have fallen by a significant 23%, suggesting potential issues with customer payments. Bank borrowings have also risen, although the increase of 20% is not alarming. Cash reserves have decreased by 30%, which could be a concern if the company relies heavily on immediate cash flow. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, which is typical for small, exempt companies.

Overall, Direct Charcoal appears to be a stable, albeit somewhat cash-constrained, business. The increase in assets suggests growth, but the decrease in cash and increase in borrowings warrant closer monitoring. It’s possible that the company is reinvesting profits back into the business, but a more detailed analysis would be needed to confirm this.

Registered in England/Wales under the registration number 04911101, with a registered address at S33 9HG, Hope Valley, Derbyshire, 1 Vincent Works, Brough, Bradwell.

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