Thomson Sawmills Limited

Thomson Sawmills Ltd, based in Norwich, UK, is a large, holding company with an active status, having been incorporated 29 years ago in March 1996. Employing 59 people, the company boasts substantial assets of £8,344,494 and generates yearly revenue of £17,762,305. It's a well-established operation, with seven directors, one owner, and a real address registered. Customers can browse and purchase products through its e-commerce site, which has garnered a perfect 5.0 Google rating from 81 reviews.

The company specializes in the sawmilling and planing of wood, offering a wide range of fencing, landscaping, and firewood products. It regularly imports machinery, boilers, and mechanical appliances – parts, with 14 months of import activity recorded, the last in December 2024. It exports electrical machinery and equipment, but irregularly, with just 2 months of export activity, the last in November 2022.

Financially, Thomson Sawmills Ltd presents a mixed picture. Accrued liabilities have decreased significantly, dropping 56% to £280,000, and bank borrowings have fallen sharply by 72% to £360,000. However, cash bank on hand has plummeted 77% to just £74,000, and net assets have increased by 19% to £9 million. Turnover has seen a considerable decline, dropping 29% to £18 million, and net losses have deepened. Despite this, creditors have decreased by 53%, suggesting improved debt management. The company meets two of three criteria to be considered a large company: turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250. The accounts are audited by Price Bailey LLP.

These trends could reflect a slowdown in the construction or landscaping sectors, or perhaps a shift in consumer spending habits. It's also possible that the company is investing in new equipment or expanding its operations, which could temporarily impact profitability. The decrease in cash reserves is a concern, but the reduction in debt is a positive sign.

Registered in England/Wales under the registration number 03179745, with a registered address at NR10 5NT, England, Norwich, Norfolk, The Sawmill Shortthorn Road, Stratton Strawless.

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