Millworks Ltd

Millworks Ltd from Cambridge UK: small company, active status, founded 8 years ago, 11 employees, £3,458,895 assets, real address, 1 director, 1 owner, solo founder, google rating 4.0 based on 27 reviews. Regular importer of wood and wood products (18 months imported). Irregular exporter of wood and wood products (1 months exported).

Millworks Ltd is a small, active company based in Cambridge, UK, operating for the past eight years. With eleven employees and a reported £3.46 million in assets, it’s a modest operation led by a solo founder who also serves as director and owner. The company boasts a solid 4.0-star Google rating from 27 reviews, suggesting a positive customer experience. It regularly imports wood and wood products—eighteen months worth—with the last shipment recorded in January 2025. Export activity is more sporadic, with just one month of exports noted, occurring in April 2023.

The company’s website paints a picture of a specialist timber supplier, focusing on external cladding, decking, fencing, and interior panelling. It offers a wide range of species, finishes, and fixing systems, catering to both residential and commercial projects. Notably, Millworks Ltd highlights its partnerships with companies like Grad, offering a precision-engineered secret clip system. The website also showcases its unique Mokuzai finishes, inspired by traditional charred timber techniques. It’s clear that Millworks Ltd isn’s just selling timber; it’s offering curated solutions and expert advice.

Financially, the company shows some concerning trends. While cash reserves increased by a healthy 88% to £2.3 million, net assets only grew by 22% to £3.5 million. Current assets decreased by 16% to £3.5 million, and trade debtors fell by a significant 80% to £180,000—suggesting potential issues with customer payments. Bank borrowings remained steady at £85,000. Creditors decreased by 62%, which is a positive sign of better debt management. The company’s small size—meeting two of three criteria for being considered small—helps it stay agile, but the decline in debtors warrants further investigation. As a small company, it’s likely exempt from a full audit, so the figures are unaudited.

The company’s website suggests a focus on high-quality timber products and customer service, but the financial data reveals a mixed picture. While cash reserves are strong, the decline in debtors and the relatively small net asset growth raise questions about its long-term financial health.

Registered in England/Wales under the registration number 10338882, with a registered address at CB25 9BA, United Kingdom, Cambridge, Parsonage Farm 112 High Street, Bottisham.

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