Nordic Forest (uk) Limited

Nordic Forest (uk) Limited is a small holding company based in Swindon, UK, with an active status. Founded 24 years ago in March 2001, it employs just two people and holds assets totaling £2,170,060. The company operates from a virtual address – a detail highlighted by the fact that sixty-one other companies are registered at the same location – and is overseen by two directors and one owner. It’s a regular importer of wood and wood products, with 13 months of import activity recorded, the last in February 2025.

The company's core business revolves around wholesale of wood, construction materials, and sanitary equipment. However, its website reveals a more technologically advanced operation. Nordic Forestry Automation Technology (NFA) develops and markets precision forestry technology, aiming to revolutionize the industry. Their flagship product is an advanced driver assistance system for forest harvesters, offering enhanced situational awareness and clear visualization of harvesting goals. The technology utilizes machine perception, including lidar, GNSS, and RGB cameras, to create a digital representation of the forest environment. NFA’s website details a phased development process, from exploratory prototyping to preseries deployments with over 5000 operating hours. They're currently aiming for a product launch in Q3 2025 and long-term goal is to offer a full range of ADAS solutions.

Financially, Nordic Forest (uk) Limited shows a mixed picture. Cash bank on hand decreased by 14% to £1,400,000, while debtors increased significantly by 140% to £390,000. Creditors also rose by 23% to £180,000. Despite these changes, net assets remained stable at £2,000,000. The company's small size – meeting two of three criteria for being a small company – allows for flexibility, but the increase in debtors suggests a need to manage cash flow. The lack of an auditor mentioned likely reflects its status as a small company exempt from an audit. The company's focus on technology and automation, while promising, will need to translate into sustainable revenue to ensure its long-term success.

Registered in England/Wales under the registration number 04179876, with a registered address at SN4 0EU, Swindon, Wiltshire, Swatton Barn, Badbury.

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