MUNRO SAWMILLS LTD.Active
Key figures
MUNRO SAWMILLS LTD. does not disclose its turnover in its latest accounts; the profit for the year is as stated in the accounts.
Ratios
2022Balance sheet structure
Dividends
from the accountsDividends paid in the financial year: £161,800 (21% of the profit for the year).
Filed accounts2022
| 2022 | |
|---|---|
| Profit for the year | 784,437 |
| Cash at bank and in hand | 2,064,950 |
| Total assets | 7,621,593 |
| Total liabilities | 1,354,562 |
| Net assets / total equity | 6,097,172 |
| Average number of employees | 54 |
| Dividends paid | 161,800 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Principal activity
Accounts 2022Review of business The results for the year and the financial position of the company are set out in the financial statements attached. 2022 was a good year with strong sales and a healthy profit. Covid had a beneficial effect on our business as consumers were generally confined to their homes and spent more on garden improvements. In addition to this there were gales in the south east of England which further added to fence panel sales. This is reflected in full capacity production of our fencing products and increased production of WoodBlocX for our associate company WoodBlocX Ltd. WoodBlocX continues to excel in sales and market penetration in both the UK and Europe. Munro Harvesting Ltd continues to trade at a high level and whilst generating small profits it adds considerably to security of log supply for the sawmill and to inter-trading with other wood using industries locally. The directors consider the balance sheet to be strong with a healthy cash reserve position which will enable further growth in the future. Our products are niche products in a largely commodity based timber market and because of this we suffer less from market fluctuations than other sawn timber producers. Principal risks and uncertainties Management Succession Philip Blake is reaching retirement age but a succession plan is in operation to hand control of the business to Henry and Chris Blake who both have considerable management experience and expertise. Loss of major customers We could potenti
As described in the company's latest filed accounts.
Summary: MUNRO SAWMILLS LTD.
Company
MUNRO SAWMILLS LTD. is a private limited company registered with Companies House under company number SC228923. It was incorporated on 8 Mar 2002. Its status is active. The registered office is in Ross-shire (IV15). Its nature of business (SIC 2007) is sawmilling and planing of wood (16100).
Accounts
The latest accounts in the database are for 2022 (period ending 31 Dec 2022); the company files medium company accounts. Profit for the year was £784,437. Net assets were £6,097,172. Cash at bank and in hand was £2,064,950. Total assets were £7,621,593 and total liabilities £1,354,562. The company had an average of 54 employees.
Control and charges
2 persons with significant control are registered. 1 of 1 registered charges are outstanding.
Filing deadlines
The next accounts are due by 30 Sep 2026. The next confirmation statement is due by 15 Oct 2026.