Netherraw Forestry Limited

Netherraw Forestry Ltd from Melrose UK is a small, active company founded 24 years ago. With just two employees and £500,695 in assets, it’s a modest operation managed by five directors and two owners, all while maintaining a perfect 5.0 Google rating based on six reviews. The company is an irregular importer, primarily bringing in textile padding, felt, nonwoven fabrics, special yarns, and ropes and cables, with its last import activity recorded one month ago in October 2023.

The company’s website reveals its core business: growing the highest quality Nordmann fir Christmas trees in the Scottish Borders. It operates as a Christmas-tree farm, selling directly to customers and likely supplying local markets. The website also mentions membership in the British Christmas Tree Growers Association, highlighting its commitment to industry standards. It’s a simple, functional site focused on showcasing its product and providing contact information.

Financially, Netherraw Forestry Ltd presents a mixed picture. While net assets remained steady at £580,000, cash reserves increased by a healthy 15% to £330,000. However, creditors jumped significantly by 170%, reaching £31,000—a potential sign of increased borrowing or delayed payments. The number of employees increased by 100% to four, suggesting expansion, but it also means higher payroll costs. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Netherraw Forestry Ltd appears to be a stable, family-run business, though the increase in creditors warrants monitoring. The Christmas tree market is seasonal, so managing cash flow during the off-season is crucial for its continued success.

Registered in Scotland under the registration number SC218713, with a registered address at TD6 9ER, Melrose, Roxburghshire, Bewlie Mains, Lilliesleaf.

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