Fernwood Group Limited

Fernwood Group Limited, based in Nottingham, UK, operates as a holding company with an active status. Established 25 years ago in March 2000, the company employs a small team of three individuals and manages assets totaling £23,226,215. It's led by four directors and has one owner, with a real address registered at Fernwood House, Fernwood Drive. The company irregularly imports wood and wood products, with the last import operation occurring in November 2023.

The company’s website paints a picture of a property management specialist. Fernwood Property Group Ltd focuses on providing landlords and agents with a range of services, including letting, relocation, rent collection, serviced accommodation, and property management, particularly for HMOs. They operate across Rugby, Warwickshire, the West Midlands, and surrounding areas, offering long-term rental agreements, guaranteed rent, and cosmetic refurbishment services. The website emphasizes a seamless solution, assuring landlords their property will be cared for as if it were their own. They attract reliable tenants by partnering with professionals and large corporations, conducting thorough background checks.

Financially, Fernwood Group Limited presents a mixed picture. While net assets remained stable at £23 million, cash reserves took a hit, decreasing by 36% to £6.5 million. Bank borrowings increased significantly, rising by 52% to £1.8 million. Creditors also saw a substantial increase, jumping 600% to £2.3 million, which could indicate increased investment or operational expenses. Despite these challenges, the company’s trade debtors decreased by 41%, suggesting improved collection efficiency. The company’s auditor is UHY Hacker Young.

The increase in debt and decrease in cash reserves warrant attention, but the company’s focus on property management and its established presence in the region suggest a potential for continued success. It’s likely that the increased debt is linked to expansion or refurbishment projects, and the decrease in cash reserves is a temporary setback.

Registered in England/Wales under the registration number 03961963, with a registered address at NG16 1LA, Nottingham, Nottinghamshire, Fernwood House, Fernwood Drive, Watnall.

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