Fountain Timber Products Limited

Fountain Timber Products Ltd, based in Bristol, UK, is a well-established small company with a rich history, having operated for 83 years. Currently employing 24 people, the business holds assets totaling £1,896,656. It's a holding company with an active status and boasts a perfect 5.0 Google rating from 114 reviews, a testament to its customer service. The company regularly imports straw and plaiting material products, with 13 months of import activity recorded.

Beyond its timber merchant operations, Fountain Timber Products Ltd appears to be a multi-faceted business. Its website showcases a wide range of products, from garden timber and fencing to decking, firewood, and even construction materials. It also provides advice and guidance through an extensive advice centre, demonstrating a commitment to customer support. The website is clearly designed for e-commerce, with a basket feature and clear pricing information.

Financially, Fountain Timber Products Ltd presents a mixed picture. While current assets increased by a substantial 23%, to £1.9 million, net assets decreased significantly by 16% to £1.4 million. Bank borrowings have fallen dramatically, down 91% to just £71,000, and cash reserves have increased by a remarkable 18,000%, reaching £280,000. Trade debtors have also risen by 12%, suggesting a possible increase in credit sales. 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 flexibility, but the decline in equity warrants attention. With no auditor mentioned, the financial statements are unaudited.

The company's long history and diverse product range suggest a resilient business, but the recent financial trends indicate a need for careful management. The surge in cash reserves is a positive sign, but the decrease in net assets raises questions about long-term sustainability. It’s likely that the company is adapting to changing market conditions, and its ability to maintain its strong Google rating and customer base will be key to its future success.

Registered in England/Wales under the registration number 00372932, with a registered address at BS48 3DF, Bristol, Avon, Brockley Combe, Brockley Combe Road, Backwell.

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