Wharf Timber Limited

Wharf Timber Ltd from Stanford Le Hope UK: a small, active company founded 30 years ago, employs 22 people, and holds £1,264,602 in assets. It’s a family business with two directors and two owners, boasting a perfect 5.0 Google rating from 35 reviews. The company is an irregular importer of wood and wood products, with just two months of import activity recorded as of April 2022. It operates from a real address shared by three other companies.

Wharf Timber Ltd is involved in the other manufacturing n.e.c. industries. The company’s website isn't available for review, so it’s difficult to determine if they operate an e-commerce site or primarily serve business-to-business clients. It’s likely they focus on wholesale timber supply, given their import activities.

Financially, Wharf Timber Ltd shows some concerning trends. While current assets remained stable at £1,300,000, net losses increased significantly, and bank borrowings rose. Cash reserves, however, stayed relatively consistent at £72,000. Trade debtors increased dramatically, suggesting customers are taking longer to pay, or perhaps the company has expanded its credit terms. A decrease in employees from 22 to 19 might indicate cost-cutting measures or a restructuring of operations. 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, but the increased losses and rising debt are worth noting. As a small company, they are exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 02937069, with a registered address at SS17 0EQ, Stanford Le Hope, Essex, The Timber Yard, The Warren Wharf Road.

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