Woodwise Uk Exotic Timbers Limited

Woodwise UK Exotic Timbers Limited, based in Buxton, UK, is a small, active company established seven years ago. With three employees and £139,849 in assets, it operates from a virtual address, a detail worth noting as 148 companies share the same location. The business, owned by Baines Kenneth Lee and Potter Emma Louise, has a 5.0 Google rating based on 32 reviews, showcasing a strong reputation. It’s a regular importer of wood and wood products, having imported for 25 months, with the latest activity in November 2024.

The company’s website highlights its focus on supplying exotic hardwoods to craftspeople worldwide, offering a range of products from turning blanks to character boards. It emphasizes sustainable sourcing, partnering with suppliers committed to FSC, PEFC, and CITES standards. The website also features a physical store open six days a week, offering customers the opportunity to view products in person—though a call ahead is required. The company’s website also features a piano restoration business.

Financially, Woodwise UK Exotic Timbers Limited presents a mixed picture. Cash bank on hand increased significantly by 91% to £55,000, and current assets grew by 70% to £140,000. However, creditors surged by a substantial 160% to £89,000, and property, plant, and equipment increased by a whopping 560% to £23,000—a sign of potential investment or expansion. Trade debtors also grew by 59%, which could be a result of increased sales but also a potential risk if payments are delayed. The company’s small size—meeting two of three criteria for being considered small—allows for flexibility, but the rise in creditors warrants closer monitoring. The company's financial statements are unaudited, a common practice for small companies.

Registered in England/Wales under the registration number 11260696, with a registered address at SK17 6SB, England, Buxton, Derbyshire, 6 Manchester Road.

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