The Woodshack Limited

The Woodshack Ltd from Southampton UK: a small holding company with an active status, was founded six years ago in 2018. It employs 111 people and holds £2,372,129 in assets. With a real address, three directors, and one owner, the company boasts a stellar 5.0 Google rating based on three reviews. It’s an irregular importer of electrical machinery and equipment (just one month of imports recorded) but a regular exporter of furniture, lighting, and prefabricated buildings (14 months of exports).

The company's website, infothewoodshack.co.uk, showcases a business specializing in kiln-dried hardwood logs for sale. It offers various bundles and packs, emphasizing sustainability, free delivery, and a commitment to quality. The site highlights its "Woodsure Ready to Burn" accreditation and promotes a dedication to customer satisfaction. It’s clear the company is focused on direct-to-consumer sales through its online store.

Financially, The Woodshack Ltd presents a mixed picture. While current assets increased by 8.7% to £2,400,000, net assets plummeted 73% to just £-23,000,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. There was no auditor mentioned, so the figures rely on unaudited statements.

The company’s financial data suggests a period of significant change. While it’s maintaining a strong online presence and a good reputation for its firewood products, the substantial losses and increased borrowing indicate potential financial strain. The sudden decrease in equity is concerning, and it will be interesting to see how the company navigates these challenges in the coming years.

Registered in England/Wales under the registration number 11582683, with a registered address at SO14 5QY, United Kingdom, Southampton, James Wharf,, Ocean Quay,.

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