Northern Tubs Limited

Northern Tubs Ltd, based in Tyne & Wear, UK, is a small, family business with an active status, having been founded 22 years ago in 2003. The company employs just two people and holds £582,217 in assets. It has three directors and two owners, and boasts a 3.0 Google rating from 14 reviews. Northern Tubs Ltd regularly imports machinery, boilers, and mechanical appliances, with its last import operation recorded four months ago in March 2023.

The company’s website, Barrel Garden, is a leading supplier of oak barrel water butts and a wide range of outdoor living products. From water features and sheds to garden furniture and decking, the site caters to customers looking to create a beautiful and functional outdoor space. It also offers a selection of pet supplies, including housing and water butts, and even provides landscaping services. The website’s extensive catalog and detailed product descriptions suggest a well-established business with a broad customer base.

Financially, Northern Tubs Ltd presents a mixed picture. Cash reserves have fallen by a significant 50% to £18,000, while bank borrowings have increased dramatically by 1,900% to £29,000. Creditors have also risen by 22% to £39,000. On a positive note, trade debtors have decreased by 24%, suggesting improved collection of payments. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely reflects its exemption as a small company, and the figures are based on unaudited statements.

Overall, Northern Tubs Ltd appears to be navigating a period of financial pressure, despite its strong online presence and diverse product range. The company’s family-run nature and focus on quality products may help it weather the storm, but it will need to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 04644336, with a registered address at NE11 0HD, Tyne & Wear, 22 Ladypark, Gateshead.

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