P M Wood Products Limited

P M Wood Products Ltd, based in Liverpool, UK, is a small, active company established eleven years ago. With two employees and £140,057 in assets, it’s a modest operation run by a solo founder, alongside two directors. The company boasts a stellar 5.0 Google rating from seven reviews, a testament to its customer service. It operates from a real address and regularly imports furniture, lighting, and prefabricated buildings—fifteen months of import activity recorded, the last in October 2024.

The company's website, PM Wood Products, focuses on supplying wood components for the UK furniture market. It offers a wide range of products, including frames, table legs, and components for the education sector, catering to both upholstered and show wood frame designs. Testimonials highlight the company's professional support and reliable delivery, emphasizing a collaborative approach with customers like Blue Sky Chair Designs. The website also includes a contact form and details about copyright and privacy policies.

Financially, P M Wood Products Ltd presents a mixed picture. Cash reserves have dramatically decreased by 99%, leaving just £310, while bank borrowings have fallen by 47% to £6,900. Creditors have increased by 22%, reaching £170,000, and trade debtors have risen by 15% to £130,000. Equity has plummeted by 170%, resulting in a net assets liability of -£37,000. 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 significant equity decline raises concerns. No auditor is mentioned, likely due to the company’s exemption as a small business, so the figures are unaudited.

The sharp decline in cash reserves, coupled with the increase in liabilities, suggests P M Wood Products Ltd may be burning through money. While the company's strong Google rating and positive customer testimonials indicate a healthy business relationship, the financial data hints at a potential need for careful management.

Registered in England/Wales under the registration number 08731520, with a registered address at L34 5QP, Liverpool, 4 Leyland Street, Prescot.

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