Siberian Timber (u.k.) Limited

Siberian Timber Uk Ltd from Mold UK is a small, active company founded 23 years ago, in February 2002. It holds £266,369 in assets and benefits from a real registered address, managed by one director and one owner. The company enjoys a stellar 5.0 Google rating based on five reviews, and is a regular importer of wood and wood products, with 10 months of import activity recorded, the last in January 2023.

The company operates in the support services to forestry industries. While its website is currently unavailable, this suggests a business focused on B2B rather than direct consumer sales. It’s likely that Siberian Timber supplies timber and wood products to other businesses, such as construction firms, furniture manufacturers, or joiners.

Financially, Siberian Timber Uk Ltd presents a mixed picture. Cash reserves have increased by a significant 100%, reaching £3,400, which is good news. However, net assets have declined by 16%, falling to -£280,000, and bank borrowings have increased, suggesting the company may be relying on credit to maintain operations. Creditors have also decreased by 47%, which could indicate improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the decrease in equity is something to watch. With no auditor mentioned, the figures are unaudited.

Overall, Siberian Timber Uk Ltd appears to be navigating a challenging financial landscape. Its consistent import activity and positive Google rating suggest a stable business, but the declining equity and increased borrowing require careful monitoring.

Registered in England/Wales under the registration number 04377063, with a registered address at CH7 4AU, Mold, Flintshire, Ty Hir Ffordd Glyndwr, Nercwys.

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