Watches gathering bee getting stuff from woods (7)

I believe the answer is:

timbers

'stuff from woods' is the definition.

'watches gathering bee' is the wordplay.
'watches' becomes 'timers'.
'gathering' indicates putting letters inside.
'bee' becomes 'b'.
'timers' going around 'b' is 'TIMBERS'.

'getting' acts as a link.

I've seen this clue in The Guardian.

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