Suffolk Timber Products Limited

Suffolk Timber Products Ltd from Sudbury UK is a small, active company founded nine years ago in 2016. With thirteen employees and £410,927 in assets, it operates from a real address and is managed by two directors and one owner. The company runs an e-commerce site and regularly imports wood and wood products—nineteen months of import activity were recorded, with the last operation in October 2020. It occasionally exports machinery, boilers, and mechanical appliances—just one month of export activity was noted, the last in October 2017.

The company’s website highlights its role as a leading supplier of timber products to both trade and domestic customers. It offers a wide range of timber, including battens, cedar, oak, and hardwoods, and provides a specialist timber cutting service. The website also emphasizes its commitment to sustainability, sourcing timber from suppliers with FSC or PEFC certifications and recycling wood waste. It even has a workshop that cuts timber to size.

Financially, Suffolk Timber Products Ltd presents a mixed picture. Current assets have fallen by 22% to £410,927, while net assets have plummeted 130% to -£21,000—a significant downturn. Bank borrowings have increased by 36% to £72,000, and cash reserves have remained stable at £4,300. Creditors have risen by 23% to £79,000. The company’s small size (meeting two of three conditions for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for flexibility, but the sharp equity decline raises concerns. No auditor is mentioned, likely due to the company’s small size.

Overall, Suffolk Timber Products Ltd appears to be navigating a challenging period. While its website and commitment to customer service suggest a solid foundation, the financial data indicates a need for careful management and perhaps a reevaluation of its strategies.

Registered in England/Wales under the registration number 09947535, with a registered address at CO10 0BJ, England, Sudbury, Suffolk, Rookery Farm, Lavenham Road.

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