Vandecasteele Timber Ltd

Vandecasteele Timber Ltd is a small, active company based in London, UK, founded six years ago in 2019. With £2,290,991 in assets and a virtual address, it’s a solo-founded operation run by two directors and a single owner. The company operates in the wholesale of wood, construction materials and sanitary equipment industries, regularly importing wood and wood products (315 months of import activity, latest in February 1, 2025) and occasionally exporting (2 months, latest in July 1, 2022).

The company’s website, Vandecasteele Timber, presents itself as a leading timber stockist, boasting a vast inventory and a focus on certified wood. It emphasizes sustainability, offering a wide range of timber species and promoting responsible sourcing. The website features a CO calculator, allowing customers to assess the environmental impact of their timber choices. It also highlights five generations of family trading, suggesting a heritage of expertise and reliability. The website’s design is clean and professional, with a focus on product showcases and technical information.

Financially, Vandecasteele Timber Ltd shows a mixed picture. Cash bank on hand decreased by 22% to £590,000, while creditors increased by 35% to £2,300,000. Trade debtors ballooned by 81%, reaching £1,700,000, and equity plummeted 120% to a negative £690. Despite these challenges, the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility. The company’s net current assets liabilities are also negative, which is not ideal. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Vandecasteele Timber Ltd appears to be navigating a period of change. The increase in debtors suggests potential issues with customer payments, while the decline in equity raises concerns about financial stability. However, the company’s focus on sustainable timber and its established online presence could help it weather these challenges and continue to serve its customers.

Registered in England/Wales under the registration number 11817878, with a registered address at WC2N 5BY, United Kingdom, London, 8 Northumberland Avenue.

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