Timports Limited

Timports Ltd, based in Chichester, UK, is a small, active company established sixteen years ago. With five employees and £1,183,400 in assets, it operates from a virtual address – a point to note as 267 companies share this location. The business is run by three directors and two owners, boasting a stellar 5.0 Google rating from 49 reviews. It's a regular importer, specializing in wood and wood products, with a history of importing for eight months, the last operation taking place in February 01, 2024.

The company's website, infotimports.co.uk, showcases a thriving online business selling kiln-dried hardwood logs, heat logs, kindling, and related products. It caters to both retail and wholesale customers, emphasizing premium quality, sustainable sourcing, and convenient delivery. The site clearly positions Timports Ltd as a leading supplier of firewood, with detailed product descriptions, customer testimonials, and informative content about wood burning. The site also has a blog.

Financially, Timports Ltd’s recent performance presents a mixed picture. While current assets increased by 15% to £1,200,000, net assets significantly declined by 47% to £83,000. Bank borrowings jumped by 7.6% to £91,000, and cash reserves fell 8.7% to £41,000. Creditors also rose by 49%, reaching £940,000. Trade debtors increased substantially, up 54% to £470,000. The company’s small size – meeting two of three criteria for a small company – allows for agility, but the drop in equity warrants attention. No auditor is mentioned, indicating unaudited statements.

Overall, Timports Ltd appears to be a well-regarded online retailer navigating a challenging financial landscape. The business’s strong online presence and focus on quality suggest potential for future growth, but careful management of debt and equity will be crucial.

Registered in England/Wales under the registration number 06630856, with a registered address at PO20 7AJ, United Kingdom, Chichester, West Sussex, 9 Donnington Park, 85 Birdham Road.

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