Peter Ramsey & Sons (denholme) Timber Limited

Peter Ramsey & Sons (Denholme) Timber Limited, based in Bradford, UK, is a well-established family business with a 45-year history. The company, currently employing 135 people, boasts significant assets of £5.48 million and generates an impressive £22.37 million in annual revenue. As a large company—meeting two of three criteria—it’s a substantial player in the timber industry, holding an active trading status and maintaining a real address. Four directors and two owners guide the operation, which has earned a respectable 4.0-star rating from 14 Google reviews.

The company’s core business revolves around manufacturing timber products, with a consistent history of importing wood and wood products over the past 143 months, and exporting furniture, lighting, and prefabricated buildings for 38 months. It’s a regular importer and exporter, demonstrating a global reach. The company’s website doesn’t reveal an e-commerce presence, suggesting a business-to-business model rather than direct consumer sales.

Financially, Peter Ramsey & Sons shows a mixed picture. Current assets have decreased by 22%, dropping to £5.5 million, while net assets have also fallen by 13%, reaching £5.1 million. Cash bank on hand has seen a significant decline of 34%, falling to £1.1 million. However, creditors have decreased by 19%, indicating improved debt management. Bank borrowings have increased by 200%, reaching £220,000. Turnover has fallen by 14%, dropping to £22 million. The company’s reliance on a large workforce and its substantial asset base suggest a considerable operational scale. The company’s auditor is Walkers Accountants Limited.

The decrease in cash reserves and turnover, coupled with increased borrowings, could indicate increased operational costs or a slowdown in demand. However, the decrease in creditors suggests the company is managing its short-term liabilities effectively. The company’s long history and family ownership provide stability, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 01450343, with a registered address at BD4 8BH, England, Bradford, Unit 6 Whitehead Business Park, Holland Street.

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