HAWTHORN TIMBER LIMITED

1. HAWTHORN TIMBER LIMITED 1989-03-28 → present
2. HAWTHORN TIMBER SUPPLY COMPANY LIMITED 1964-04-22 → 1989-03-28

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “On 26 April 2024, Summit Timber Group Limited (previously Project Rose Topco Limited) acquired the entire share capital of Hawthorn Timber Group Limited, the parent company to Hawthorn Timber Limited.”
• “The market slowdown which had begun in the second half of 2022 and continued throughout 2023 also had an impact on the 2024 trading year. Both interest and inflation rates remained high, disposable income was reduced and consequently the demand for timber and allied products remained under pressure. The slowdown in the Holiday & Leisure Home industry since 2022 continued into 2024, however towards the end of the year the green shoots of recovery started to show and it is expected that the 2025 financial year will see the full upside impact of this recovery.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -23%

  £42,930,575 → £33,059,893

• Cash

  -97.7%

  £3,312,529 → £75,990

• Net assets

  +4.1%

  £24,897,181 → £25,915,650

• Employees

  -12%

  117 → 103

• Operating profit

  -76.1%

  £6,704,736 → £1,602,561

• Profit before tax

  -80.2%

  £6,589,163 → £1,305,393

• Wages

  -4.3%

  £4,878,682 → £4,669,012

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers