Woodstone Uk Limited

Woodstone Uk Ltd from Bath UK is a small, family-run business with an active status, established 30 years ago in 1995. Employing just four people, the company holds £467,766 in assets, operating from a virtual address shared by many other businesses. It’s led by three directors and owned by two individuals, Cronin Damian Francis and Cronin Louise. Google users rate it 4.0 stars based on seven reviews, and it’s known as a regular importer of wood and wood products, with recent activity recorded just last month.

The company’s website, Woodstoneuk, showcases a diverse range of reclaimed materials, from flooring and seating to lighting and vintage props. It caters to both residential and commercial clients, offering a blend of reclaimed finds and high-quality new wood flooring. A unique aspect of the business is its Visual Merchandising department, which works with major high street brands, fulfilling their need for reclaimed products. The website also highlights a piano restoration venture, 1066 Pianos, which operates from Cambridge and even has a showroom in Harrods—a surprising and potentially lucrative diversification.

Financially, Woodstone Uk Ltd presents a mixed picture. Current assets increased by a substantial 120%, reaching £470,000, while net assets also saw a healthy 58% increase to £230,000. However, bank borrowings decreased by 90%, dropping to just £1,200, and cash reserves grew by 52% to £130,000. Creditors increased significantly, rising 170% to £280,000, suggesting the company is leveraging credit to fuel growth. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The substantial growth in assets and net assets is a positive sign, indicating the company is successfully managing its operations and potentially expanding its business. However, the increased creditors suggest a need to carefully monitor cash flow and manage debt effectively. The dual nature of the business—reclaimed materials and piano restoration—presents both opportunities and challenges, requiring careful coordination and resource allocation.

Registered in England/Wales under the registration number 03012952, with a registered address at BA1 2PA, Bath, 30 Gay Street.

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