Wood Fuel Co-operative

Wood Fuel Co-operative, based in Dumfries, UK, is a small, active company founded 14 years ago. With seven employees and £245,281 in assets, it operates as a real address and is managed by three directors and one owner. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating from 128 reviews. It's an irregular importer, bringing in wood and wood products, with the last import activity recorded two months ago in February 2022.

The company’s website showcases a diverse range of wood fuel products, from briquettes and kiln-dried logs to pizza ovens and outdoor living accessories. It emphasizes sustainability and social responsibility, sourcing products from ethical suppliers and offering a free monthly prize draw. The site also features informative guides and blog posts on wood fuel selection and usage.

Financially, Wood Fuel Co-operative shows some interesting trends. Current assets have increased by 1.9% to £250,000, while net assets have increased by 9.6% to £60,000. Bank borrowings have decreased by 48% to £21,000, and cash reserves have fallen by 76% to £2,800. Creditors have increased by 15% to £190,000, suggesting a need for better debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the company's small size.

The decrease in cash reserves, despite increased assets, is a point to consider. Perhaps the company is investing in inventory or expanding its operations. The increase in creditors also warrants attention, though it could be a result of increased sales. Overall, Wood Fuel Co-operative seems to be a well-regarded, albeit small, business navigating the challenges of growth and managing its finances.

Registered in Scotland under the registration number SC399132, with a registered address at DG1 3PH, Scotland, Dumfries, Wood Fuel Co-Operative Heathhall Industrial Estate, Heathhall.

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