Preserved Timber Products Limited

Preserved Timber Products Ltd from Llandrindod Wells UK is a small, active company founded twelve years ago. With ten employees and £701,859 in assets, it operates from a virtual address, a fact highlighted by the presence of seventy-three companies registered at the same location. The business is led by five directors and has one owner, and enjoys a perfect 5.0 Google rating based on twenty reviews. It’s an irregular importer of iron or steel products, with just two months of import activity recorded.

The company specializes in sawmilling and planing of wood, wholesale of wood, construction materials, and sanitary equipment. Its website showcases a range of timber products, including agricultural fencing, building materials, and garden structures, and offers a “PTP Showroom and Timber Yard” near Builth Wells. The site also features a blog with regular updates on topics like outdoor play areas, fencing, and timber maintenance, and even has a square meter calculator tool. It appears to be primarily a B2B operation, catering to building firms and agricultural customers, but also offers products directly to consumers.

Financially, Preserved Timber Products Ltd’s recent report shows some concerning trends. Cash reserves have decreased by 34% to £58,000, while bank borrowings have surged by 110% to £21,000. Creditors have also increased significantly, jumping 430% to £150,000. Despite this, trade debtors have risen by 14% to £350,000, and net assets have increased by 25% to £370,000. The company’s small size—meeting two of three criteria for being considered small—helps it remain flexible, but the rise in debt and decrease in cash warrant close monitoring. As a small company, it is exempt from an audit, and the figures are unaudited. It seems like they are holding their own, but the increased debt is something to keep an eye on.

Registered in England/Wales under the registration number 08146045, with a registered address at LD1 5HG, United Kingdom, Llandrindod Wells, Powys, Wellfield House, Temple Street.

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