Timberstore Limited

Timberstore Limited, based in Leamington Spa, UK, is a small, active company founded ten years ago. With nineteen employees and £5,237,488 in assets, it operates as a virtual address, sharing space with 191 other companies. The business is owned and directed by Caldwell Ian Nivison and Metcalfe Michael Robert. Its core function is the sawmilling and planing of wood, and it maintains an e-commerce site with a stellar 5.0 Google rating from seventy-two reviews. It’s a regular importer of wood and wood products, with its last import operation recorded in July 2024.

The company’s website, timberstore.co.uk, showcases a comprehensive range of building materials and fencing supplies. It caters to both trade and retail customers, offering everything from wooden fence panels and decking to timber, aggregates, and even artificial grass. The site’s navigation is well-organized, with clear product categories and a helpful fencing calculator. It also highlights a 15-year guarantee on timber posts, a key selling point.

Financially, Timberstore Limited presents a mixed picture. While current assets increased by 4%, to £5,200,000, net assets took a significant hit, plummeting 44% to £500,000. Bank borrowings increased by 150%, reaching £240,000, while cash reserves fell by a substantial 11%, to £95,000. Creditors decreased by 14%, which is good, but the sharp drop in equity is concerning. The company’s small size—meeting two of three criteria for a small company—allows it to remain nimble, but the decrease in equity raises questions about its long-term financial health. Trade debtors increased by 1.1%, suggesting that customers are taking longer to pay. The company is exempt from an audit, so the figures are unaudited.

Despite these challenges, Timberstore Limited appears to be a well-established player in the building materials sector. Its strong online presence, wide product range, and positive customer reviews suggest a loyal customer base. The increase in bank borrowings could be a sign of investment in growth, or it could indicate a need for improved cash flow management.

Registered in England/Wales under the registration number 09285446, with a registered address at CV32 4EA, Leamington Spa, Warwickshire, Fulford House, Newbold Terrace.

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