M.s. Timber Limited

Ms Timber Ltd from Belfast UK: small company, holding company, active status, founded 32 years ago, 6 employees, £2,558,845 assets, real address, 2 directors, 1 owner, google rating 5.0 based on 1 reviews. Regular importer of wood and wood products (138 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 company operates in the agents involved in the sale of timber and building materials industries. Officially, it has one owner or PSCs, two directors, and six employees.

Ms Timber’s website showcases a wide range of timber products, from hardwood plywood to fire doors, catering to both construction and interior design sectors. It’s not an e-commerce site in the traditional sense, but rather a comprehensive catalogue and resource for timber merchants and buyers. The site lists manufacturers from South America, China, Malaysia, and Europe, indicating a global sourcing network. It’s clear that Ms Timber acts as a distributor, offering a “just in time” delivery service to Dublin and Belfast, with nationwide options. They even offer collection from their depots and assist with training and aftersales support. It’s a well-organized site, but it doesn’t seem to facilitate direct online sales.

Financially, Ms Timber Ltd’s report shows some concerning trends. Current assets decreased by 28%, dropping to £2.6 million, while net assets also fell by 5.1%, reaching £1.7 million. Bank borrowings were significantly reduced, down 79%, to £210,000—a positive sign. However, creditors also decreased by 56%, suggesting the company may be struggling to pay its bills. The company’s average number of employees has also dropped by 17%, from six to five. The lack of an auditor mentioned, typical for small companies, means the figures are unaudited.

While Ms Timber Ltd appears to be a well-established distributor with a strong network, the financial data suggests a period of contraction. The decrease in assets and employees, coupled with the decline in creditors, may indicate a slowdown in business activity. It’s possible the company is streamlining operations or facing increased competition. The single review on Google, while boasting a perfect 5.0 rating, highlights the need for greater customer engagement to build a stronger online presence.

Registered in Northern Ireland under the registration number NI026849, with a registered address at BT4 1NU, Northern Ireland, Belfast, Floor 2 Strand House, Holywood Road.

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