Technowood Cladding Uk Limited

Technowood Cladding UK Limited, based in Beaconsfield, UK, is a small, active company founded five years ago. With four employees and £109,586 in assets, it operates from a virtual address shared by 191 other companies. The business is led by one director and owner, Serdiukovas Paulius, and boasts a perfect 5.0 Google rating based on four reviews. It’s an irregular importer, primarily dealing in aluminum and aluminum products, with the last import activity recorded one month ago in November 2021.

The company’s website showcases a revolutionary product – Technowood – a glassfibre reinforced polyester (GRP) and aluminum composite material designed as a sustainable alternative to traditional wood cladding. It offers a wide range of products including pergolas, decking systems, and balustrades, all boasting a real wood finish and A2 fire rating. The website emphasizes the product’s versatility, customizability, and compliance with fire safety regulations, targeting architects, builders, and designers seeking innovative and eco-friendly solutions. The website also highlights projects using Technowood, providing technical specifications and offering consultations.

Financially, Technowood Cladding UK Limited presents a mixed picture. While cash reserves increased dramatically by 3,100% to £21,000, net assets declined by 53% to -£47,000, a significant drop. Bank borrowings decreased slightly, and creditors also saw a reduction, suggesting some improvement in debt management. However, trade debtors increased by 9.3%, potentially indicating difficulties in collecting payments. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the declining equity raises concerns. The unaudited financial statements, prepared using CCH Accounts Production software, do not mention an auditor.

Overall, Technowood Cladding UK Limited seems to be navigating a period of change. While the company’s innovative product and positive customer reviews are encouraging, the financial data suggests it’s burning through money, and the virtual address is a bit concerning.

Registered in England/Wales under the registration number 12028638, with a registered address at HP9 1QL, England, Beaconsfield, 55 Station Road.

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