{"name":"TIMBERWISE (UK) LIMITED","company_number":"03230356","status":"Active","type":"Private Limited Company","incorporated":"1996-07-26","dissolved":null,"registered_office":"1 Drake Mews Gadbrook Park, Rudheath, Northwich, Cheshire, CW9 7XF","postcode":"CW9 7XF","sic_codes":[{"code":43999,"description":"Other specialised construction activities not elsewhere classified"}],"principal_activity":null,"previous_names":[{"name":"TIMBERWISE (UK) PLC","changed_on":"2004-09-08"},{"name":"HALLCO 97 LIMITED","changed_on":"1996-10-03"}],"warnings":[],"accounts":{"category":"Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":153,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","net_assets":1955205,"cash":329664,"average_employees":153},{"financial_date":"2023-12-31","net_assets":2071826,"cash":737547},{"financial_date":"2022-12-31","turnover":10735479,"net_assets":1775971,"cash":1334466},{"financial_date":"2021-12-31","net_assets":1391780,"cash":1486815},{"financial_date":"2020-12-31","net_assets":1089231,"cash":1150180}],"officers":{"current":7,"resigned":12,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":3,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Timberwise (UK) Limited presents a paradox for credit assessment: strong and growing profitability (£611k net profit, 9.1% revenue growth) contrasted with a sharply declining cash position (down from £1.33m to £330k over two years). The parent company ownership structure raises legitimate concerns about cash extraction that could subordinate trade creditors. Credit facilities should be considered on a conditional basis, with enhanced monitoring of intercompany transactions and requirements for group guarantee support where appropriate. The underlying business is sound, but cash flow dynamics require urgent clarification.","website":"https://www.timberwise.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/timberwise-(uk)","people":"https://www.companiesintheuk.co.uk/company/timberwise-(uk)/people","filing_history":"https://www.companiesintheuk.co.uk/company/timberwise-(uk)/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03230356","financials":"https://www.companiesintheuk.co.uk/company/timberwise-(uk)/financial","control":"https://www.companiesintheuk.co.uk/company/timberwise-(uk)/control","charges":"https://www.companiesintheuk.co.uk/company/timberwise-(uk)/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/timberwise-(uk)/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/timberwise-(uk)"}