ELLPRO TIMBER LIMITED

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

• Turnover

  -3.9%

  £19,038,731 → £18,297,191

• Cash

  +131.3%

  £1,776,866 → £4,110,556

  highest in 3 filed years

• Net assets

  +3.4%

  £5,043,345 → £5,212,913

  highest in 3 filed years

• Employees

  0%

  10 → 10

• Operating profit

  +17.7%

  £2,219,306 → £2,612,803

• Profit before tax

  +19.1%

  £2,254,001 → £2,684,352

• Wages

  +13.7%

  £327,337 → £372,306

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

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Affinia (Colchester)

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. The financial statements report an increasing net asset position and an improved net current asset position.”

Significant events

• “Despite ongoing economic uncertainty and subdued demand across the wider construction and agricultural sectors, Ellpro Timber has maintained a resilient position in the market. Turnover has shown signs of stabilising, with a marginal year-on-year decline from 2023, reflecting broader industry trends. This reduction was further exacerbated by the slowdown in UK economic activity in the lead-up to the general election and the subsequent Autumn Budget. The months preceding the budget were marked by uncertainty and scaremongering, which significantly impacted business confidence, dampened trade activity, and weakened overall market sentiment.”
• “While the war in Ukraine continues to impact traditional timber supply chains, Ellpro Timber has successfully avoided disruption by further strengthening its relationships with alternative European suppliers. Our partnerships with EU mills and longstanding Latvian partners have continued to ensure consistent supply throughout the year.”
• “UK domestic demand remained subdued during 2024. The cost-of-living pressures have persisted, and while inflationary pressures have begun to ease, high interest rates and broader economic caution continue to dampen both new housing construction and RM&I (repair, maintenance, and improvement) activity. Additionally, the agricultural sector experienced further pressure due to continued unseasonably wet weather through much of 2024, which has suppressed demand in this traditionally robust segment.”
• “The political landscape also contributed to a softer trading environment. The uncertainty surrounding the general election and speculation ahead of the Autumn Budget negatively affected customer confidence and led to a slowdown in purchasing decisions. This cautionary environment added further pressure to an already challenging marketplace.”
• “Following two years of declining turnover, we have taken decisive steps during 2024 to stabilise the business. Although we do not foresee a return to the exceptional pricing or demand levels of 2021, we are focused on protecting our market share, supporting our core customer base, and preparing for future opportunities as the market environment improves.”

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

Filings

3

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.