Wyder Engineered Timber Systems Limited

Wyder Engineered Timber Systems Ltd from Preston UK is a large, active company founded 17 years ago. Employing 42 people, it holds £7,278,096 in assets and operates from a real address. With two directors but no reported owners, the company enjoys a stellar 5.0 Google rating based on 21 reviews. It’s a regular importer of wood and wood products, having imported for 28 months, with the most recent import operation made in January 2025.

The company specializes in the design, manufacture, and supply of engineered timber products, including I Joist floors, engineered wood products, and timber frame construction. Its website showcases a diverse range of projects, from self-build homes to large-scale commercial developments. Wyder Engineered Timber Systems supplies to both independent and national house builders, and even has case studies highlighting work for well-known companies like Kellen Homes, Penny Lane, and Bellway. The company also appears to be actively seeking new projects, as evidenced by recent news updates on its website.

Financially, Wyder Engineered Timber Systems shows a mixed picture. While cash bank on hand increased by a substantial 15% to £3,800,000, and interest income surged by an impressive 4,400% to £41,000, net assets still declined by 17% to £6,700,000. Staff costs increased by 7.1% to £1,200,000, and net loss deepened by 22% to £2,400,000. Trade debtors increased by 22% to £1,200,000, which could indicate an expansion of credit terms or delayed payments. The company’s size (meeting two of three criteria for a large company) suggests it’s well-established, but the increased costs and losses indicate a need for careful management. The accounts were audited by MMBA Accountants Limited, which adds a layer of assurance. It’s likely that the company’s growth strategy involves increased investment, which may be impacting short-term profitability.

Registered in England/Wales under the registration number 06422607, with a registered address at PR3 2JB, Preston, Lancashire, Seed House, Cumeragh Lane, Whittingham.

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