Glulam Solutions Ltd.

Glulam Solutions Ltd from Westhill UK is a small, active company founded 13 years ago. Employing nine people, it holds £605,570 in assets and operates from a real address in Aberdeenshire. With two directors and two owners, the company regularly imports wood and wood products, with the last import operation occurring in January 2025.

The company’s website highlights its focus on delivering "beautiful, sustainable, efficient mass timber and timber hybrid structures." It positions itself as a specialist subcontractor, offering design, manufacture, and build services for timber construction projects. Key benefits emphasized include environmental advantages, fire resistance, on-site time savings, and structural properties. The website also features case studies, news updates, and FAQs, suggesting a commitment to customer engagement and industry knowledge. It seems they are focused on the development of building projects.

Financially, Glulam Solutions Ltd presents a mixed picture. While current assets increased by 75% to £610,000, net assets declined by 33% to -£440,000. Bank borrowings jumped a significant 140% to £250,000, while cash reserves were depleted entirely. Creditors also increased by 23%, indicating a potential strain on working capital. Despite these challenges, trade debtors rose by 160%, which could reflect successful sales efforts. As a small company meeting two of three criteria (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from simplified reporting requirements. No auditor is mentioned, so the figures are unaudited.

The company seems to be facing some financial difficulties, with losses and increased borrowing. However, the growth in trade debtors suggests that sales are strong, and the company's focus on sustainable timber construction could position it well for future growth, despite the challenges.

Registered in Scotland under the registration number SC409983, with a registered address at AB32 6UF, Scotland, Westhill, Aberdeenshire, Office Pavilion 2 Westhill Business Centre, Endeavour Drive, Arnhall Business Park.

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