Southgate Timber Company Limited

Southgate Timber Company Ltd, based in Moreton, UK, is a well-established small business with an active status, celebrating 40 years since its founding in 1984. Employing 23 people and holding assets of £5,648,536, it's a family-run operation with five directors and two owners. The company operates a thriving e-commerce site and enjoys a stellar 5.0 Google rating from 180 reviews. Regular imports of wood and wood products—spanning 14 months, with the latest in November 2023—are a key part of its business.

The company's website showcases a wide range of timber products, from hardwood decking and cedar cladding to fencing, fixings, and mouldings. A standout feature is its decking screw calculator, which allows customers to determine the amount of decking required for their projects. The site also offers samples, fast delivery, and even a loyalty account program, highlighting its commitment to customer service. It's clear that Southgate Timber is focused on providing both quality products and a user-friendly online experience.

Financially, Southgate Timber presents a mixed picture. While cash bank on hand increased significantly by 37% to £2.6 million, current assets remained steady at £5.6 million. Trade debtors decreased by 10% to £160,000, suggesting improved collection practices. However, creditors also fell by 21% to £630,000. Perhaps most notably, net assets grew by 7.9% to £4.7 million. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the fluctuating debtor and creditor balances warrant close monitoring. The accounts are unaudited, as is common for small companies, and no auditor is mentioned. Overall, Southgate Timber appears to be a financially stable business, though it’s important to watch trends in debtor and creditor balances going forward.

Registered in England/Wales under the registration number 01872185, with a registered address at CM5 0JA, Moreton, Essex, Southgate House, Nether Hall Church Road.

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