Hansons Timber Ltd

Hansons Timber Ltd from Walsall UK: small company, active status, founded 6 years ago, 3 employees, £489,625 assets, real address, 2 directors, 1 owner. Regular importer of wood and wood products (6 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £489,625. The company is a regular importer, with its top import category being Wood and Wood Products, totaling 6 months of imports. The last import operation was conducted on August 1, 2024.

Hansons Timber Ltd operates as a timber panel supplier, offering a wide range of products including plywood, MDF, chipboard, and specialized panels like fire-retardant and decorative options. The company’s website showcases an extensive catalog, catering to architects, designers, and specifiers. It's clear they’re not an e-commerce business; instead, the site functions as a detailed product showcase and technical resource, complete with a virtual showroom and downloadable specification guides. They even offer panel processing services, including cutting, laminating, and machining, suggesting a focus on bespoke solutions for their clients.

Financially, Hansons Timber Ltd presents a mixed picture. While current assets increased by 16% to £490,000, bank borrowings decreased by 8% to £18,000, and cash reserves plummeted 99% to a mere £430. Creditors, however, increased by 16% to £480,000, and trade debtors jumped a significant 44% to £240,000. The substantial increase in debtors could indicate delayed payments from customers, or perhaps an expansion of credit terms. The sharp decline in cash reserves is concerning, though, and suggests the company may be relying more heavily on credit to fund its operations. The lack of an auditor mentioned, likely due to its small size, means the figures are unaudited. It seems like they are holding steady, but facing some pressures.

Registered in England/Wales under the registration number 11424234, with a registered address at WS3 5EY, United Kingdom, Walsall, West Midlands, 50 Wood Common Grange, Pelsall.

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