Volcano Wood Fuels Limited

Volcano Wood Fuels Ltd, based in Liverpool, UK, is a small, active company founded eleven years ago. While the business operates an e-commerce site, it’s currently facing some challenges, with accounts overdue for four years and confirmation overdue for three. The company, run by a solo founder and single director, Lloyd Geoffrey, holds a Google rating of just 2.0 from eight reviews, and is an irregular importer, having imported goods for just two months in 2019.

The company’s website showcases a wide range of wood fuel products, including wood pellets, briquettes, charcoal, logs, and kindling, catering to both domestic and commercial customers. It even offers blown deliveries of premium wood pellets for bulk buyers. The site emphasizes top-quality products and service, promising a no-quibble guarantee if customers are unhappy. It’s a leading retailer, wholesaler, and distributor of wood pellets and briquettes, with a focus on restaurant-quality lumpwood charcoal and wood pellets for horse bedding.

Financially, Volcano Wood Fuels Ltd presents a mixed picture. Cash reserves have fallen by 15% to £31,000, while creditors have surged by 850% to £59,000—a significant increase. Current assets, however, have risen by 31% to £170,000, and trade debtors have increased by 39% to £32,000. The company’s small size (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it is exempt from an audit, and the figures are unaudited. Accumulated Amortisation Impairment Intangible Assets has increased by 33.0% and Accumulated Depreciation Impairment Property Plant Equipment has decreased by -86.0%. The company’s net assets have decreased by -84.0%.

The company's recent financial trends suggest it may be burning through cash faster than it’s generating revenue. While it’s managed to increase current assets, the substantial rise in creditors and the decline in cash reserves raise concerns about its long-term financial health.

Registered in England/Wales under the registration number 08514120, with a registered address at L20 1AF, United Kingdom, Liverpool, Merseyside, 1 Church Street, Bootle.

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