Witney Joinery Ltd

Witney Joinery Ltd is a small, active company based in Bristol, UK, established four years ago. The company, founded by a solo entrepreneur, Barnett Martin Paul, currently employs two people and holds assets valued at £53,037. While it has a registered address, it’s likely a virtual one, as sixteen companies share the same location. The company operates under the watchful eye of a single director, also Barnett Martin Paul.

Witney Joinery specializes in joinery installation and retail sales, both online and through mail order. The company’s website showcases a range of services, including bespoke kitchen design, fitted furniture, and door manufacturing. They emphasize traditional and modern methods, catering to individual customer needs and even offering CAD drawings for approval. The website highlights a history dating back to Martin’s childhood, when he began woodworking as a hobby, eventually leading to the creation of Witney Joinery and expanding its operations across a wide geographic area, including London, Wiltshire, and even Snowdonia National Park. They pride themselves on a complete service, from initial discussions to final fitting, ensuring peace of mind for their customers.

Financially, Witney Joinery Ltd presents a mixed picture. While cash bank on hand increased by a healthy 63% to £25,000, indicating improved liquidity, other areas show strain. Net assets grew by 39% to £51,000, but current assets are down 34% to £53,000. Trade debtors have fallen significantly, decreasing by 72% to £4,500, which could be a positive sign of improved collections, or it could indicate a slowdown in sales. Interestingly, finished goods have increased by a substantial 200% to £23,000, suggesting a buildup of inventory. The company’s small size, meeting two of three criteria for being considered small, helps it maintain agility. As a small company, it’s exempt from an audit, so the figures are unaudited. The significant increase in "Other Taxation Social Security Payable" by 1600% to £960 is a concerning trend that needs to be investigated.

Registered in England/Wales under the registration number 13243676, with a registered address at BS9 4PN, United Kingdom, Bristol, Henleaze House Business Centre 13 Harbury Road, Henleaze.

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