Timberlogbuild Limited

Timberlogbuild Limited, based in Watford, UK, is a small holding company with an active status, having been founded fifteen years ago in 2009. The company employs just three people and holds £254,620 in assets, operating from a virtual address—a point highlighted by the fact that 209 other companies are registered at the same location. Led by one director and owned by two individuals (though the list isn’t exhaustive), Timberlogbuild boasts a stellar 5.0 Google rating based on ten reviews. They are regular importers of wood and wood products, with the last import operation occurring in April 2024.

The company’s website showcases a focus on bespoke log cabins and timber construction, offering a range of services from design and build to installation and restoration. They specialize in luxury log cabins, garden rooms, and timber-framed homes, catering to both residential and commercial clients. The website highlights partnerships with Artichouse, a renowned Finnish timber building company, and emphasizes the use of high-quality materials and skilled craftsmanship. It’s clear they’re aiming for a premium market, with a focus on bespoke designs and personalized service.

Financially, Timberlogbuild Limited presents a mixed picture. While cash bank holdings have fallen significantly by 44%, dropping to £130,000, current assets have also decreased by 24%, settling at £250,000. Trade debtors have increased by 24%, reaching £120,000, while creditors have seen a dramatic decrease of 67%, falling to £49,000. Interestingly, bank borrowings have increased by 12%, reaching £82,000. The company’s small size (meeting two of three criteria for a small company) helps it remain nimble, but the decline in cash reserves warrants attention. No auditor is mentioned, which is typical for a small, exempt company.

The trends suggest Timberlogbuild is navigating a period of change. Increased debtors could indicate a shift towards offering credit to customers, while the decrease in creditors may reflect better debt management. The company’s reliance on imports and its partnership with Artichouse could be key to its future success, but the need to bolster cash reserves is evident.

Registered in England/Wales under the registration number 06990500, with a registered address at WD18 9PX, England, Watford, Hertfordshire, 1st Floor 5 Century Court, Tolpits Lane.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.