Northwood Tissue (lancaster) Limited

Northwood Tissue Lancaster Ltd, based in Lancaster, UK, is a large, holding company with an active status, established twelve years ago in October 2012. Employing sixty-nine people, the company boasts assets totaling £4,135,201. It operates from a real address and is overseen by seven directors and a single owner. Google ratings are currently at a concerning 2.0 based on just three reviews. The company regularly imports machinery, boilers, and mechanical appliances parts, with the last import operation occurring four months ago.

The company’s website showcases Northwood as a provider of paper hygiene and wiping products, serving both the "away from home" sector (hotels, healthcare, etc.) and the consumer market. They operate through several divisions: Northwood Hygiene Products, Northwood Consuma Tissue, and Northwood Paper Sales, each catering to different aspects of the paper product supply chain. These include manufacturing, distribution, and even piano restoration through the 1066 Pianos division. The website highlights a commitment to sustainability and innovation, emphasizing a "family" culture and empowering teams.

Financially, Northwood Tissue Lancaster Ltd presents a mixed picture. Current assets have decreased by 35%, dropping to £4,100,000. Bank borrowings have increased by a significant 2,400%, reaching £29,000, while cash reserves have fallen 69%, leaving just £110,000. Creditors, however, have decreased by 44%, suggesting improvements in debt management. The company’s size (meeting two of three criteria for a large company: turnover over £36 million, balance sheet over £18 million, and over 250 employees) indicates a substantial operation, but the decline in cash and increased borrowing raises questions. The company’s net assets have also seen a sharp decrease, dropping 92%, to just £100,000. No auditor is mentioned, likely due to the company’s size. The decline in cash reserves and increase in borrowings suggests that the company may be facing some financial pressure, although the decrease in creditors indicates some improvements in debt management.

Registered in England/Wales under the registration number 08271967, with a registered address at LA1 3PQ, Lancaster, Lansil Way, Caton Road.

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