Forest Master Ltd

Forest Master Ltd, based in Whitley Bay, UK, is a small holding company with an active status, established fourteen years ago in 2010. Employing twenty people and holding assets of £2,239,429, the company operates from a virtual address – eleven companies registered at the same location – and is overseen by three directors and one owner. Forest Master runs an e-commerce site and enjoys a respectable Google rating of 4.0 based on twenty-nine reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with a history of 130 months of imports and 40 months of exports.

The company’s website showcases a focus on forestry equipment, particularly log splitters, wood chippers, and related accessories. It’s clearly an e-commerce business, offering a wide range of products with detailed descriptions and competitive pricing. The site also features a blog and resources section, highlighting technical FAQs and product manuals, demonstrating a commitment to customer support and expertise. The company emphasizes “free next-day delivery” and “lifetime access to expert technical support,” positioning itself as a reliable and customer-focused supplier.

Financially, Forest Master Ltd presents a mixed picture. Cash bank on hand has decreased by 35% to £430,000, while current assets have also fallen by 13% to £2,200,000. However, debtors have significantly increased by 330% to £680,000, which could indicate increased sales but also potential collection challenges. Creditors have decreased by 36% to £660,000, suggesting improved debt management. Equity has risen by 2.5% to £1,800,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in cash reserves warrants attention. No auditor is mentioned, likely due to the company's exemption as a small entity.

Overall, Forest Master Ltd seems to be navigating a period of change. While sales appear to be growing – evidenced by the increase in debtors – the company is also facing pressure on its cash reserves. It’s a story of growth and potential, but also one that requires careful financial management.

Registered in England/Wales under the registration number 07402638, with a registered address at NE26 2NE, Whitley Bay, Tyne & Wear, 112 Whitley Road.

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