Fleet Timber Supplies Limited

Fleet Timber Supplies Ltd, based in King's Lynn, UK, is a small, active company celebrating 25 years in business. Founded in 1999, it employs 13 people and holds £505,157 in assets. With a real address and a single director and owner (a solo founder), the company operates an e-commerce site and maintains a solid 5.0 Google rating from 46 reviews. It’s an irregular importer of wood and wood products, with two months of import activity recorded, the last in June 2024.

The company's website, Fleet Timber Supplies, offers a comprehensive range of timber, fencing, landscaping, and tools—catering to both trade and DIY customers. The site features a quick order function, a decking calculator, and a testimonial section highlighting positive customer experiences. It's clear the company is focused on providing a user-friendly online shopping experience, with a wide selection of products and a focus on competitive pricing.

Financially, Fleet Timber Supplies Ltd presents a mixed picture. While current assets increased by 6.1% to £510,000, net assets decreased by 19% to £160,000. Advances to directors increased significantly by 590% to £64,000, and bank borrowings also rose. Creditors decreased by 10%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the decline in equity raises some concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's irregular import activity suggests a strategic approach to sourcing materials, potentially adapting to market fluctuations. Overall, Fleet Timber Supplies Ltd appears to be a well-regarded business navigating the challenges of a competitive market—though the financial data suggests a need for careful monitoring of equity and debt levels.

Registered in England/Wales under the registration number 03858127, with a registered address at PE34 4RE, King's Lynn, Norfolk, Fleet House Magdalen Road, Tilney St Lawrence.

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