Namibian Hardwood Uk Ltd

Namibian Hardwood UK Ltd, based in London, is a small, active company founded two years ago. With three employees and £44,733 in assets, it operates from a virtual address – a detail flagged by the fact 47,428 other companies share the same location. The business is run by three directors and two owners, and it has a thriving e-commerce site with a perfect 5.0 Google rating from 24 reviews. The company regularly imports basic metal tools and utensils, with the latest import activity recorded five months ago in December 2024.

The company’s website showcases a wide range of firewood products, including premium African hardwood logs, charcoal, and accessories. It caters to both domestic and commercial customers, emphasizing quality and sustainable sourcing. The site also features a selection of South African merchandise, adding a unique touch to its offerings. The company’s branding highlights its commitment to bringing the best firewood from Africa, and it even has a blog with recipes and tips for outdoor cooking.

Financially, Namibian Hardwood UK Ltd presents a mixed picture. While the company is small, meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its net assets are negative at -£28,000. Cash reserves are at a modest £900, and bank borrowings have reached £1200. Trade debtors are at £660, and creditors are £1500. The company’s property, plant, and equipment are valued at £20,000, but accumulated depreciation has reached £6,600. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company, relying on unaudited financial statements.

Despite the negative equity, the company's strong Google rating and active e-commerce site suggest a loyal customer base. The import activity indicates a consistent supply chain, and the focus on premium products positions it well in the competitive firewood market. It's clear that Namibian Hardwood UK Ltd is navigating the challenges of a small business, but its commitment to quality and customer satisfaction provides a foundation for future growth.

Registered in England/Wales under the registration number 14360989, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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