Traditional Products Limited

Traditional Products Ltd from Gobowen Oswestry UK: small company, active status, founded 40 years ago, 70 employees, £2,190,869 assets, real address, 6 directors, 2 owners, family business, google rating 5.0 based on 14 reviews. Regular importer of wood and wood products (46 months imported). It’s a well-established, family-run business operating in the heart of Shropshire, supplying timber stair parts and related products to a wide range of customers. The company, which has been around for four decades, employs seventy people and boasts a strong online presence, reflected in its perfect 5.0 Google rating.

The company’s website details a comprehensive range of products, including timber stair parts, flooring, skirting, and bespoke mouldings. They also offer glass and metal stair parts, helical curved handrails, and even wood cut to order. A significant portion of their business involves manufacturing components on-site, with a focus on quality and craftsmanship. The website also mentions a piano restoration business, 1066 Pianos, which is interesting.

Financially, Traditional Products Ltd shows a mixed picture. While assets remain substantial at £2,190,869, bank borrowings have decreased by 44%, which is a positive sign. However, cash bank on hand has fallen by a significant 46%, dropping to £230,000. Creditors have also increased, suggesting a need to manage supplier payments more effectively. The company’s small size—meeting two of three criteria for being classified as small—helps it maintain flexibility, but the decline in cash reserves warrants attention. The company’s director signing financial statements is J. Watson. The accounts are unaudited, which is common for small companies.

Overall, Traditional Products Ltd appears to be a resilient business with a strong reputation. While the recent financial trends suggest some challenges, its established brand, skilled workforce, and diverse product range position it for continued success.

Registered in England/Wales under the registration number 01834211, with a registered address at SY10 7AL, Gobowen Oswestry, Shropshire, Little Fernhill Works, Whittington Road.

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