Artificial Grass Online Ltd

Artificial Grass Online Ltd, based in Preston, UK, is a small, active company founded eight years ago. Employing ten people, the business holds £1,446,240 in assets and operates from a real address. It's led by one director and owner, and runs an e-commerce site specializing in artificial turf and related products. The company regularly imports carpets and textile floor coverings, with recent activity recorded just a few months ago.

The website, Artificial Grass Direct, showcases a wide range of artificial grass options, from budget-friendly classics to luxurious, pet-friendly varieties. It also offers composite decking, plants, and accessories, catering to both residential and commercial customers. The site emphasizes quality, fast delivery, and expert advice, positioning itself as the UK's leading supplier of artificial turf. They even offer installation services and a database of installers across the country.

Financially, Artificial Grass Online Ltd shows a mixed picture. Current assets increased by a substantial 36%, reaching £1,400,000, while net assets also rose significantly, up 64% to £1,100,000. Cash reserves saw a dramatic increase, soaring 120% to £1,000,000. However, bank borrowings decreased by 60%, down to £6,700, and trade creditors also fell, decreasing by 66% to £100,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in assets and cash reserves suggests a period of growth, though the decrease in bank borrowings could indicate a shift in financing strategies. There’s no mention of an auditor, which is common for small, exempt companies.

Overall, Artificial Grass Online Ltd appears to be a healthy, growing business, capitalizing on the increasing popularity of artificial turf. The company’s strong online presence and wide product range position it well for continued success, though it’s important to monitor the trends in net losses and cash reserves to ensure long-term financial stability.

Registered in England/Wales under the registration number 10364075, with a registered address at PR5 8AN, England, Preston, 5 Carnfield Place, Bamber Bridge.

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