Trendy Timber Limited

Trendy Timber Ltd from Leek UK: a small, active company founded 17 years ago, employs three people, and holds £122,650 in assets. It’s a family business with a solo founder, run by one director and two owners, and operates an e-commerce site. The company irregularly imports wood and wood products (one month of imports recorded in 2022) and exports machinery and parts (two months of exports in 2023).

The business operates in the renting and leasing of machinery, equipment, and tangible goods, and its registered address is a real one, shared by just one other company. The company’s website is not available for review.

Financially, Trendy Timber Ltd shows a mixed picture. Current assets increased by 32%, reaching £120,000, while net assets increased by 190%, reaching £65,000. Bank borrowings decreased by 16%, and cash reserves increased by 20%. Trade debtors increased significantly by 140%, which could indicate a growth in sales or potentially delayed payments. Creditors also decreased by 25%, suggesting better debt management. The company meets the criteria to be considered small—with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—and the accounts are unaudited.

The company’s equity has increased significantly, which is a positive sign, but the increase in trade debtors needs to be monitored. With no auditor mentioned, the figures rely on director-reported data. Overall, Trendy Timber Ltd appears to be holding its own, but the increase in debtors could pose a challenge if not managed effectively.

Registered in England/Wales under the registration number 06274737, with a registered address at ST13 8DB, Leek, Staffordshire, 37 Beggars Lane.

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