Best Flowers Ltd

Best Flowers Ltd is a small, active company based in Barnet, UK, established fifteen years ago in 2009. With £100,402 in assets and a virtual address shared by 253 other companies, it operates as a solo-founded business managed by one director and owner. The company runs an e-commerce site and regularly imports live trees, plants, bulbs, roots, and flowers—a consistent activity spanning ninety-one months, with the latest import in June 2024. It operates in the wholesale of flowers and plants industries.

The company’s website, while not detailed, suggests a focus on online flower sales, though specific product lines are not clear. It’s a small business, meeting two of three criteria for classification: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Financially, Best Flowers Ltd presents a mixed picture. Current assets have decreased by 26%, dropping to £100,000, while bank borrowings have also fallen by 29%, settling at £24,000. Cash reserves have also seen a decline of 24%, now standing at £100,000. Creditors have seen a significant decrease of 48%, which is a positive sign. Trade debtors have also fallen dramatically, by 85%, which could indicate improved collection of payments. Equity, however, has increased by 6.9%, which is a good sign. The lack of employees (zero reported) suggests a lean operation. As a small company, it’s likely exempt from an audit, and the financial statements are unaudited.

Overall, Best Flowers Ltd appears to be navigating a period of change. The decrease in assets and cash reserves warrants attention, but the reduction in creditors and debtors suggests improved financial management. The company's long history of importing and its e-commerce presence indicate a established business, but it’s important to monitor its financial performance closely.

Registered in England/Wales under the registration number 07044731, with a registered address at EN5 5SU, England, Barnet, 159 High Street.

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