Rowlinson Timber Limited

Rowlinson Timber Limited, based in Nantwich, UK, is a small, holding company with an active status, celebrating 78 years since its founding in 1946. The company employs eight people and holds assets valued at £1,099,507. It operates from a virtual address, a detail flagged by the presence of fourteen companies registered at the same location. The business is led by three directors and has one owner, though the list of owners changed four years ago. Rowlinson Timber Limited regularly imports wood and wood products, with 15 months of import activity recorded, the last operation occurring in February 2023.

The company's website, Rowlinson Packaging Ltd, reveals a different facet: a specialist in timber packaging since 1966. It's a family-owned business offering both bespoke and standard packaging solutions, including wirebound containers, clip lok cases, and custom foam inserts. The website highlights a wide range of services, from design and manufacturing to accreditation and export packaging, catering to diverse industries. It even has a showroom in Harrods, London.

Financially, Rowlinson Timber Limited presents a mixed picture. Current assets have dramatically decreased by 80%, dropping to £1,100,000. Bank borrowings have completely vanished, while cash reserves have surged to £110,000. However, net assets have plummeted by 120%, resulting in a negative equity of -£190,000. Trade debtors have also significantly fallen, suggesting better debt management. Creditors decreased by 74%, a positive sign. The company meets the criteria for a small company, with a turnover under £10.2 million and fewer than 50 employees. The lack of an auditor is likely due to its small size.

The company's reliance on a virtual address and the significant drop in equity raise questions about its financial health, though the surge in cash reserves offers a glimmer of hope. The parent company, Rowlinson Consolidated Ltd, is the ultimate controlling entity, and the business appears to be operating in the dormant company industries.

Registered in England/Wales under the registration number 00416608, with a registered address at CW5 6BN, Nantwich, Cheshire, Group Offices Green Lane, Wardle.

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