Parkway Timber Company Limited

Parkway Timber Company Ltd from Cornwall UK is a small, active company founded 34 years ago. With nine employees and £1,828,213 in assets, it’s a family business boasting a perfect 5.0 Google rating from 20 reviews. The company regularly imports wood and wood products, with the last import operation made on December 01, 2024. Two directors and two owners manage the business, which operates from a real address in Bodmin.

Parkway Timber specializes in timber merchant services throughout the South West. Their website highlights a wide range of products, including graded softwood, decking, fencing, and construction timber. They also offer timber cladding solutions and construction materials, catering to both commercial and residential projects. The site emphasizes quality timber supplies and even mentions crane offload facilities for deliveries. It’s clear they’re focused on providing a comprehensive service, from sourcing to delivery.

Financially, Parkway Timber shows a mixed picture. Current assets decreased by 2.8% to £1,800,000, while net assets remained steady at £1,300,000. Bank borrowings decreased by 28%, reaching £19,000, and cash reserves dropped 7% to £910,000. Trade debtors increased by 14%, suggesting a possible shift in payment terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the slight decrease in cash reserves warrants attention. As a small company, they are exempt from an audit, so the financial data is unaudited.

Overall, Parkway Timber appears to be a well-regarded, established business, but the financials suggest a need to keep a close eye on cash flow.

Registered in England/Wales under the registration number 02510421, with a registered address at PL30 4BB, Cornwall, Bodmin Road, Bodmin.

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