Stag Softwood Ltd

Stag Softwood Ltd, based in Hull, UK, is a small, active company founded four years ago. With three employees and £83,993 in assets, it’s a family business led by two directors and owners, Amanda Louise Adams and Matthew Jon Adams. The company operates as an irregular importer of wood and wood products, with recent activity recorded in July 2024. It functions as agents involved in the sale of timber and building materials.

The company's website simply states "Coming Soon" and provides an email address, indicating a limited online presence. It's unclear if they are actively developing an e-commerce platform or primarily rely on direct sales and partnerships.

Financially, Stag Softwood Ltd presents a mixed picture. While cash reserves increased slightly to £81,000, current assets remained stable at £84,000. However, trade debtors have significantly decreased by 63%, suggesting potential issues with customer payments or a deliberate shift in credit policies. Creditors have also declined, which is positive, but other debt has increased substantially, by 480%. Depreciation charges on plant machinery have increased significantly, indicating investment in equipment, but also potentially higher operating costs. 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. No auditor is mentioned, which is typical for companies of this size.

Overall, Stag Softwood Ltd appears to be navigating a period of transition. The increase in debt suggests a need for careful cash flow management, but the company's core business in timber and building materials remains a solid foundation.

Registered in England/Wales under the registration number 12748427, with a registered address at HU12 9JR, England, Hull, Cherry Bell Bellcroft Lane, Burstwick.

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