Cheviot Trees Limited

Cheviot Trees Ltd, based in Berwick Upon Tweed, UK, is a large, active family business established 37 years ago. With 47 employees and £5.17 million in assets, the company generates £12.67 million in revenue annually. It's a well-regarded operation, boasting a 5.0-star Google rating from 16 reviews and a real address. Five directors and three owners (Frew Alistair Henry, Frew Henry Forrest, and Frew Patricia Anne) steer the ship.

The company specializes in plant propagation and operates a thriving e-commerce site selling cell-grown plants, tree shelters, stakes, and related accessories. It’s a regular importer of wood and wood products, having imported for 68 months, and has recently exported machinery parts for one month.

Financially, Cheviot Trees Ltd is showing some interesting trends. While cash reserves increased by 20% to £3 million, bank borrowings decreased by 100% to zero. However, net assets have declined by 14%, falling to £7.6 million. A significant increase in depreciation and amortisation expenses—up 160% to £380,000—suggests investment in plant and machinery, which is a good sign for long-term growth. Interestingly, the company has increased its contribution to money purchase schemes for directors by 28% to £200,000. Deferred tax liabilities have also increased by 65%, which may be related to the increased depreciation. The company's auditors, Rennie Welch Audit Limited, have issued an unqualified opinion.

Despite the fluctuations, Cheviot Trees Ltd appears to be a robust business with a strong online presence and a focus on quality products. The increase in depreciation expenses suggests ongoing investment, and the positive Google reviews indicate high customer satisfaction. It's a well-established operation that seems to be navigating the challenges of a dynamic market.

Registered in England/Wales under the registration number 02216545, with a registered address at TD15 1UL, Berwick Upon Tweed, Newton Brae, Foulden.

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