Price & Pierce Forest Products Ltd

Price & Pierce Forest Products Ltd, based in Woking, UK, is a sizable company with a history spanning 25 years. Active and operating as a holding company, it employs 19 people and boasts assets of £13,713,728, generating a yearly revenue of £40,647,364. With three directors and one owner, the company has a real address and regularly imports wood and wood products – 210 months of import activity were recorded, the latest in January 01, 2025.

The company’s website paints a picture of a timber and panel product specialist with a long heritage. Tracing its roots back to 1812, Price & Pierce Forest Products emphasizes its global reach, sourcing timber from countries like Sweden, Latvia, and Chile. The company offers a wide range of products, from sustainable timber to plywood and panel products, catering to various industries. It even boasts a presence in Harrods with its piano restoration division.

Financially, Price & Pierce Forest Products Ltd shows some concerning trends. While turnover remained steady at £41 million, net assets declined by 5% to £11 million. Bank borrowings increased by a significant 10%, reaching £120,000, and cash reserves dropped by 10% to £380,000. Trade debtors also increased by 10%, suggesting potential issues with customer payments. Despite these challenges, creditors decreased by 52%, which could indicate improved debt management. The company meets two of three criteria to be considered large, with turnover exceeding £36 million and balance sheet total over £18 million. The lack of an auditor mentioned suggests the company is exempt from an audit.

The company's continued import activity suggests ongoing demand for its products, but the financial data reveals a need for careful management. The company’s long history and global reach provide a solid foundation, but addressing the recent financial pressures will be key to its future success.

Registered in England/Wales under the registration number 03841742, with a registered address at GU21 6BS, Woking, Surrey, Griffin House, West Street.

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