Loughwood Ltd

Loughwood Ltd from Banbridge UK: a small, active company founded 19 years ago, employs eight people, and holds £4,636,722 in assets. It has a real address, four directors, and one owner, boasting a stellar 5.0 Google rating based on three reviews. The company is an irregular importer, with just one month of imports recorded back in 2017.

The company’s website, Loughwood Fencing, paints a picture of a specialist in treated fencing products throughout the UK and Ireland. It emphasizes quality, sustainability (sourcing timber from carefully managed forests in Sweden), and longevity – offering everything from traditional post and rail fencing to equestrian arenas and agricultural solutions. The site also highlights a government grant entitlement for customers in the Republic of Ireland and a NSAI qualification for farm fencing. It’s clear they’re targeting a specific niche: durable, high-quality fencing for commercial and agricultural use.

Financially, Loughwood Ltd’s recent performance shows some concerning trends. Cash bank on hand has decreased by 28%, dropping to £1.5 million, while current assets have fallen 16% to £4.6 million. Trade creditors have decreased significantly, down 51%, suggesting improved debt management, but the increase in corporation tax payable by 50% to £67,000 is a bit worrying. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in assets and cash reserves warrants attention. There’s no auditor mentioned, which is typical for a small, exempt company.

Overall, Loughwood Ltd appears to be a well-regarded business in its niche, but recent financial data indicates a need for careful monitoring. The company's focus on quality and sustainability, combined with its NSAI qualification, positions it well for continued success – but the drop in cash reserves should be addressed.

Registered in Northern Ireland under the registration number NI055944, with a registered address at BT32 5EH, Banbridge, 1 Hill Road, Loughbrickland.

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