Logpile.com Ltd

Logpile Com Ltd, based in Petersfield, UK, is a small holding company with an active status, founded five years ago in 2019. Employing nine people and holding £157,275 in assets, the company operates from a virtual address – fifteen companies registered at the same location – and is overseen by three directors and one owner. It runs an e-commerce site specializing in logs for fireplaces and wood burners, with a strong emphasis on kiln-dried hardwood.

The website showcases a wide range of products, including logs for various applications (fireplaces, wood burners, pizza ovens, fire pits), kindling, firelighters, and starter kits. Customer reviews are prominently displayed, highlighting the quality of the wood and the speed of delivery. The company's marketing materials emphasize sustainability and the benefits of kiln-dried logs over seasoned or air-dried options.

Financially, Logpile Com Ltd shows a mixed picture. Current assets have decreased by 14% to £160,000, while net assets have also fallen by 5% to £84,000. Bank borrowings have increased by 2.8% to £10,000, and cash reserves have dropped 27% to £53,000. Trade debtors have fallen by nearly half, a good sign, but the increase in other creditors suggests a need to manage supplier payments more closely. 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 raises questions about its long-term financial health. No auditor is mentioned, likely due to its status as a small company, meaning the figures are unaudited.

Overall, Logpile Com Ltd appears to be a niche e-commerce business facing some financial pressures. The strong customer reviews and focus on sustainability suggest a solid foundation, but managing cash flow and maintaining profitability will be key to its future success.

Registered in England/Wales under the registration number 12247712, with a registered address at GU32 3FQ, England, Petersfield, The Engine House, 77 Station Road.

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