Tayside Forestry Limited

Tayside Forestry Ltd from Dundee, UK, is a small, active company founded 16 years ago. With 22 employees and £2,013,187 in assets, it’s a well-established business. The company operates with two directors and has no reported owners, although one of the directors is likely the owner. It boasts a perfect 5.0 Google rating based on 210 reviews, demonstrating strong customer satisfaction. The company is an irregular importer, primarily dealing in vehicles, parts, and accessories (excluding trains and trams), with the most recent import activity occurring in October 2024.

Tayside Forestry Ltd is primarily known for its Christmas tree growing and firewood supply. Its website showcases its role as one of the UK’s largest Christmas tree growers and kiln-dried firewood suppliers. The site features online sales of firewood bundles, a new stove wood product, and details about its Christmas tree farm and cafe. It also highlights a separate division dedicated to high-end piano restoration, operating from Cambridge and even having a presence in Harrods. The website is well-designed and actively updated with blog posts about Christmas stock and seasonal offerings.

Financially, Tayside Forestry Ltd presents a mixed picture. While current assets increased by 9.5% to £2,000,000, net assets decreased significantly by 94%, falling to just £43,000. Bank borrowings increased by a substantial 66%, reaching £630,000, and cash reserves jumped 1700%, rising to £13,000. Creditors also increased by 52%, reaching £1,700,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity is concerning. The company is exempt from an audit as a small company, and the figures are unaudited.

The company's reliance on seasonal sales (Christmas trees and firewood) could explain some of the volatility. However, the increased borrowings suggest a need for capital investment or perhaps a strategic expansion—though the financial data doesn't provide enough information to say for sure.

Registered in Scotland under the registration number SC355016, with a registered address at DD3 0PP, United Kingdom, Dundee, Templeton, Strathmartine.

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