Thaxters Timber And Forestry Ltd

Thaxters Timber and Forestry Ltd, based in Holt, Norfolk, is a small, active company founded 11 years ago. With 14 employees and £240,161 in assets, it's a well-established local business. The company has four directors and three owners, and boasts an impressive Google rating of 5.0 from 40 reviews. It’s a regular importer of wood and wood products, with the latest import operation made on August 1, 2024.

The company's website showcases a range of timber buildings, firewood, and eco-sheds, catering to both trade and retail customers. They offer a delivery service across Norfolk and even have a display section at their site, where customers can view their popular timber buildings. They also provide services like building and erecting timber buildings, and the retail of timber and building materials. The website gives a good impression of a traditional business with a modern online presence.

Financially, Thaxters Timber shows a mixed picture. Current assets have fallen by 6.1% to £240,000, while net assets have dropped 16% to £110,000. Cash reserves have also declined, falling 18% to £57,000. However, creditors have decreased by 39%, suggesting improved debt management. Bank borrowings have increased, and trade debtors have fallen. The company meets the criteria to be a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Thaxters Timber seems to be navigating a period of change. While the business is well-regarded locally and online, the financial data indicates some pressures. It will be interesting to see how the company adapts to these challenges and continues to serve its customers in the years to come.

Registered in England/Wales under the registration number 09007953, with a registered address at NR25 6SS, Holt, Norfolk, Pippin Heath Farm, Hunworth Road.

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