Artificial Grass London Limited

Artificial Grass London Limited is a small, holding company based in Buxton, UK, with an active status. Founded nine years ago in October 2015, it employs just four people and holds £134,876 in assets. The company operates in the retail sale via mail order houses or via internet industries. Its registered address is real, with only one other company registered at the same location. It's managed by one director and one owner, though the owner list may not be exhaustive.

The company's website, artificialgrasslondon.co.uk, showcases London Lawns Ltd, specializing in luxury artificial grass landscaping. They offer design and installation services, with a focus on creating outdoor living areas. The site highlights guarantees and warranties, though these aren’t insurance-backed. Complaints are handled promptly, and the company uses the Dispute Resolution Ombudsman for resolution. They also have a partnership with Which? Trusted Traders.

Financially, Artificial Grass London Limited has experienced some significant shifts. Current assets have fallen by nearly half, dropping to £71,000, while net assets have plummeted 80% to just £22,000. Bank borrowings have decreased slightly, and cash reserves have increased dramatically, jumping 170% to £49,000. Creditors have also decreased, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the substantial equity decline warrants attention. The company is exempt from an audit, so the financial statements are unaudited.

The decrease in assets and equity could be due to increased investment in marketing or expansion, or perhaps a slowdown in sales. It’s also possible that the company is burning through cash to fuel growth, a common trait of startups. The single director, Mr. Penninck, likely plays a key role in managing these financial pressures.

Registered in England/Wales under the registration number 09812241, with a registered address at SK17 8BJ, United Kingdom, Buxton, Derbyshire, 16 Hallsteads Dove Holes.

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