Project Timber Limited

Project Timber Limited, based in Newark, UK, is a small company with an active status, having been established 21 years ago in May 2004. Employing 30 people, the company holds assets totaling £1,851,209. It operates from a real address and is led by two directors, with Walton Nigel Charles as the sole owner. The business runs an e-commerce site and maintains a Google rating of 3.0 based on 505 reviews. It regularly imports machinery, boilers, and mechanical appliances, parts, with the latest import activity occurring in February 2025.

The company's website showcases a wide range of garden buildings, including sheds, summerhouses, workshops, and offices, catering to various sizes and styles. It offers a diverse selection of cladding and roofing options, as well as customization choices. The site emphasizes quality, durability, and customer service, with a 30-day returns policy and free next day delivery on selected postcodes. It also highlights a 25-year anti-rot guarantee and offers various payment options through HUMM. The website is well-designed and easy to navigate, providing detailed product information and helpful resources.

Financially, Project Timber Limited shows a mixed picture. Cash bank on hand increased by 110% to £980,000, which is good news, but creditors rose significantly by 140% to £1,600,000. Debtor’s also increased by 120% to £280,000. Equity increased by 13% to £870,000. The company’s net assets liabilities increased by 28% to £1,000,000. The increase in liabilities could be due to increased stock levels to meet demand or investment in marketing and expansion. 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 it to remain flexible, but the increase in debt warrants attention. There is no auditor mentioned, likely due to the company’s exemption as a small entity. The increase in creditors might be a sign of a growing business, but it’s important to monitor closely.

Registered in England/Wales under the registration number 05126131, with a registered address at NG23 6QX, England, Newark, Notts, Parry Works Grassthorpe Road, Sutton On Trent.

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