Boningale Limited

Boningale Ltd from Albrighton, Wolverhampton UK: small company, holding company, active status, founded 65 years ago, 109 employees, £2,601,501 assets, real address, 4 directors, 1 owner, google rating 5.0 based on 11 reviews. Regular importer of live trees, plants, bulbs, roots, and flowers (65 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other manufacturing n.e.c., the other specialised construction activities n.e.c., the wholesale of flowers and plants industries.

Boningale Ltd, a holding company with a long history, specializes in supplying large-scale industry projects and the landscape market. The company’s website highlights its expertise in growing, sourcing, and supplying quality plants, emphasizing over 60 years of horticulture experience. It’s a multidiscipline nursery producing over 2.2 million shrubs per year, supported by a network of UK and European suppliers. Recent posts on the site detail supplier partnerships, new employee additions, and policy updates, including a Plant Healthy Audit and a return to the Four Oaks Trade Show. Contact information is readily available for those seeking further details. The company’s website suggests a focus on B2B sales rather than direct-to-consumer e-commerce.

Financially, Boningale Ltd’s recent performance presents a mixed picture. Current assets have declined by 26% to £2.6 million, while net assets have fallen dramatically by 330% to -£1.5 million. Bank borrowings have increased significantly by 63% to £1.7 million, and cash reserves have shrunk by 48% to £43,000. Creditors have also risen by 22%, and there's been a notable decrease in the number of employees, from 110 to 100. The company’s small size helps it remain agile, but the substantial equity drop is concerning. The unaudited financial statements, likely exempt due to its size, rely on director-reported data.

While the company appears to be a well-established player in the horticultural sector, the financial data suggests it may be facing some challenges. The increased borrowing and declining equity raise questions about its long-term financial health, though the ongoing supplier relationships and industry expertise indicate a resilient business model.

Registered in England/Wales under the registration number 00651044, with a registered address at WV7 3AT, Albrighton, Wolverhampton, West Midlands, Boningale Nurseries, Holyhead Road.

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