Northwood Forest Products International Limited

Northwood Forest Products International Ltd from Bristol UK: a small, active company founded 29 years ago, employs four people, and holds £248,254 in assets. With two directors and one owner, it’s a relatively small operation with a real address. The company regularly imports wood and wood products, with 11 months of import activity recorded.

The company’s website, Northwoods Forest Products, focuses on logging and custom milling services in the Pioneer Valley, Massachusetts. It offers full-service logging, custom milling of logs into lumber, a wide variety of lumber for sheds, barns, and kitchens, firewood, and even wood residuals. It’s a family-run business with a focus on quality and craftsmanship, catering to both commercial and residential customers. The website also mentions a connection to 1066 Pianos, a high-end piano restoration business, but the extent of their relationship is unclear.

Financially, Northwood Forest Products shows a mixed picture. Cash bank increased by 24% to £140,000, while current assets grew by 56% to £250,000. However, trade debtors surged by 330%, reaching £110,000, suggesting potential issues with customer payments. Equity increased by 5.2% to £450,000, and net assets increased by 5.3% to £450,000. Despite the increase in assets, accrued liabilities increased by 860%, reaching £21,000. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s likely exempt from an audit, so the financial statements are unaudited. The company’s focus on timber harvesting and custom milling, combined with its small size, suggests a resilient business model, but the increase in trade debtors warrants attention.

Registered in England/Wales under the registration number 03100520, with a registered address at BS48 2UY, United Kingdom, Bristol, 2 Chesterton Drive, Nailsea.

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