Express Timber Wood Ltd

Express Timber Wood Ltd, based in Grantham, UK, is a small, active company founded seven years ago. With £565,251 in assets and a real address, it’s a solo-founded operation managed by a single director and owner. The company enjoys a stellar 5.0 Google rating from 70 reviews, reflecting its reputation as a reliable supplier. It’s a regular importer of wood and wood products, with 12 months of import activity recorded.

The company’s website showcases a wide range of timber and concrete products, catering to both trade and public customers. It operates as a timber merchant, offering everything from fencing and decking to railway sleepers and bespoke garden sheds. The site emphasizes competitive pricing, delivery services, and a commitment to quality—hallmarks of a well-established business. They even offer industrial storage tents and shelters.

Financially, Express Timber Wood Ltd presents a mixed picture. Cash bank on hand dropped by 5.9% to £380,000, while debtors surged by 270% to £50,000. Creditors, however, decreased significantly by 76% to £100,000, suggesting improved debt management. Equity fell by 11% to £100,000. 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. Loans from directors increased dramatically to £410,000, which is a notable change. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company's reliance on a single owner and director, while contributing to its agility, could also present challenges in the long run. The significant increase in loans from directors suggests a need for additional funding, but whether this is a short-term boost or a sign of financial strain remains to be seen.

Registered in England/Wales under the registration number 11099831, with a registered address at NG32 2DU, England, Grantham, Glebe Lodge Farm Gonerby Lane, Allington.

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