Quality Timber Buildings Limited
- Small
- Holding
- Active
- 13 years
- 25 employees
- £2,015,501 (assets)
- Virtual address
- 2 directors
- 1 owner
- Regular importer
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Quality Timber Buildings Ltd, based in Bingham, UK, is a small, holding company with an active status. Established thirteen years ago in 2011, it employs twenty-five people and holds £1,448,793 in assets. The company operates from a virtual address, registered at a location shared by many other businesses, and is overseen by two directors and one owner. It’s a regular importer, bringing in stone, plaster, cement, and similar materials – the latest import recorded in February 2025.
The company’s website, Quality Timber Buildings Isle of Wight, showcases a business specializing in made-to-order timber buildings, garages, carports, and garden buildings. Operating from the Isle of Wight, it emphasizes individually built structures using quality materials at competitive prices. The company manufactures its own products and sells directly to the public, offering free delivery and restoration/relocation services. It’s clear they’re focused on direct sales and custom orders, a good sign for a smaller operation.
Financially, Quality Timber Buildings Ltd presents a mixed picture. While current assets have fallen by a significant 55% to £1,400,000, net assets have plummeted 42% to £1,700,000. Cash reserves have also taken a hit, dropping 49% to £1,300,000. However, trade creditors have decreased by 18%, suggesting improved management of short-term debts. The company meets the criteria for a small company – turnover under £10.2m, assets under £5.1m, and fewer than 50 employees – and it’s worth noting that the company’s bank borrowings have increased, which could be a sign of investment or expansion. The lack of an auditor mentioned likely means the accounts are unaudited, relying on director-reported data.
Overall, Quality Timber Buildings Ltd appears to be navigating a period of change. While asset values and cash reserves have declined, the company's focus on custom orders and direct sales could provide a buffer against broader economic pressures. The decrease in creditors is a positive sign, but the company will need to carefully manage its finances to ensure long-term sustainability.
Registered in England/Wales under the registration number 07751766, with a registered address at NG13 8AQ, England, Bingham, Nottinghamshire, Cabourn House, Station Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Arctic Cabins Trustee Ltd
- 2 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
- 3
-
Resident of United Kingdom
-
Individual
- 13 years
- 5
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Total exemption full accounts made up to 2024-08-31Download 7 pages pdf report
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Confirmation statement made on 2025-01-01 with no updatesDownload 3 pages pdf report
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Director's details changed for Mrs Virpi Marjanna Parkinson on 2025-01-13Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Quality Timber Buildings Limited
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