Exotic Hardwoods (uk) Limited

Exotic Hardwoods Uk Ltd, based in Derbyshire, is a small, family-run business with an active status. Founded 18 years ago, the company employs four people and holds £165,824 in assets. It operates from a virtual address, a detail that's a little unusual as forty-one companies are registered at the same location. Four directors and two owners (though this list may not be exhaustive) manage the business.

The company regularly imports wood and wood products—a consistent activity over the past three months—but exports are less frequent, with just one month of export activity recorded. It’s a wholesale operation, specializing in the import and export of exotic hardwoods from around the world, and even has a showroom in Harrods, London. The website showcases a wide range of wood types, from African Blackwood to Zebrano, catering to various applications like instrument making, woodworking, and model making. It also sells micro lumber, knife razor makers' blocks, and even longbow wood.

Financially, Exotic Hardwoods Uk Ltd shows a mixed picture. While current assets increased by 8.7% to £170,000, net assets remained unchanged at £130,000. Trade debtors have risen significantly—a 170% increase to £23,000—which could indicate challenges in collecting payments. Creditors also increased by 69%, reaching £100,000, suggesting increased reliance on short-term financing. Cash reserves fell 5.9% to £54,000. As a small company (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s exempt from an audit, and the figures are unaudited.

The company’s reliance on a virtual address and the increase in debtors are points to watch, but its established import operations and diverse product range suggest a resilient business.

Registered in England/Wales under the registration number 06176551, with a registered address at SK17 6SB, Derbyshire, 6 Manchester Road, Buxton.

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