Townsend Supplies Limited

Townsend Supplies Ltd from Denbigh, UK, is a small, active company founded 21 years ago. With 10 employees and £1,679,146 in assets, it operates from a real address and is overseen by four directors and one owner, boasting a stellar 5.0 Google rating from 21 reviews. The company is an irregular importer, primarily dealing with iron or steel products, with recent imports recorded just two months ago.

Townsend Supplies Ltd describes itself as a premier agricultural and building supplier in North Wales. Its website highlights a diverse range of products and services, including sewage treatment systems, oil tanks, cattle handling equipment, and a wide selection of building and agricultural supplies. The company operates both a physical location and an e-commerce presence, offering competitive pricing and a broad delivery range across North Wales and beyond. It seems to be focused on direct sales to customers, rather than wholesale or distribution.

Financially, Townsend Supplies Ltd exhibits some concerning trends. While cash reserves increased by 7%, net assets decreased by 8.5% to £930,000. Bank borrowings have been eliminated, which is positive, but trade debtors have increased significantly by 20%, suggesting potential issues with collecting payments. Creditors have also risen by 10%, and depreciation charges for property, plant, and equipment have increased. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the decrease in equity warrants closer scrutiny. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Townsend Supplies Ltd appears to be facing some financial headwinds despite its strong reputation and diverse product offerings. It’s a company with a solid foundation, but it will need to address its debtor management and equity decline to ensure long-term sustainability.

Registered in England/Wales under the registration number 04887058, with a registered address at LL16 3AW, Wales, Denbigh, Denbighshire, 105 Vale Street.

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