Yorkshire Plywood Limited

Yorkshire Plywood Ltd, based in Hull, UK, is a medium-sized company with a 39-year history, employing 55 people and boasting assets of £13,575,374. The company generates a yearly revenue of £30,437,269, operating from a real address and overseen by three directors and two owners. It’s a regular importer of wood and wood products (161 months) and a regular exporter of stone, plaster, cement, and similar materials (61 months).

The company's website highlights its role as a distributor of wood-based panel products, catering to construction sectors. It offers a wide range of products, from tropical hardwood plywood to magnesium oxide boards, and even provides bonded and laminated solutions. Yorkshire Plywood emphasizes partnerships with suppliers and offers services like custom cutting and delivery. They have a strong focus on technical panels and offer a free sample service.

Financially, Yorkshire Plywood Ltd presents a mixed picture. While turnover remains steady, current assets have decreased by 27% to £14 million, and net assets have fallen by 5.6% to £2.4 million. Bank borrowings have also declined by 18% to £6.7 million, and cash reserves have plummeted 99% to a mere £230. However, creditors have decreased by 17%, suggesting improved debt management. The company’s size (meeting two of three criteria for a medium-sized company) allows for agility, but the significant drop in equity warrants closer attention. The accounts are audited by Sowerby, and no mention of a senior statutory auditor is made.

The company’s focus on technical panels and strong supplier relationships should support continued business, but the recent financial trends suggest a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 01977248, with a registered address at HU7 0DF, England, Hull, 228 Leads Road.

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