Triton Forest Products Ltd

Triton Forest Products Ltd from Hessle UK is a small, active company founded four years ago. With a single employee and £764,662 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company is an irregular importer of wood and wood products, with just two months of imports recorded in the last year.

The company’s website, Forest Products, showcases a wide range of timber and fencing products, catering to both trade and retail customers. It’s clear they operate an e-commerce site, offering local delivery options and a variety of categories including agricultural, fencing, garden, and woodland products. They even have a section for ironmongery and wood stains. The website emphasizes home-grown timber from sustainable sources and offers a free quotation service.

Financially, Triton Forest Products Ltd shows a mixed picture. Cash bank on hand has increased significantly by 190% to £77,000, a positive sign. However, net assets have risen by 46% to £18,000, and net current assets have improved considerably, decreasing by 57% to -£14,000. Trade creditors have increased by a substantial 79%, reaching £300,000, which could indicate increased reliance on credit from suppliers. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no auditor mentioned, which is typical for small companies.

While the company’s cash position looks healthy, the increase in creditors and the slight dip in equity suggest it may be burning through money. The irregular import activity, meanwhile, indicates a potentially volatile supply chain. It’s clear that Triton Forest Products Ltd is a small, family-run business navigating the challenges of a competitive market.

Registered in England/Wales under the registration number 12614126, with a registered address at HU13 0EG, United Kingdom, Hessle, East Yorkshire, Unit 14a Waterside Business Park, Livingstone Road.

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