Country Herbs And Plants Limited

Country Herbs And Plants Ltd, based in Lincs, UK, is a small, family business with an active status, having been founded 22 years ago. Employing 25 people, the company holds £544,509 in assets, though it operates from a virtual address shared by thirty-one other companies. Five directors and two owners (though the list may not be exhaustive) manage the operations, which include an e-commerce site and a 4.0 Google rating based on three reviews. The company is an irregular importer, having imported oil seeds and fruits used for oil for just two months, with the last import occurring in September 2020.

The company's website isn't available to analyze, so it’s difficult to ascertain the full scope of its operations beyond the import activities and family business status. It’s likely the e-commerce site is central to their business model, selling herbs, plants, or related products.

Financially, Country Herbs And Plants Ltd presents a mixed picture. While current assets have increased by 49% to £540,000, net assets have decreased by 8.4% to £810,000. Bank borrowings have seen a dramatic surge, increasing by 5000% to £42,000, while cash reserves have improved by 47% to £110,000. Creditors have also increased significantly, rising by 390% to £250,000. The company’s small size (meeting two of three conditions for being classified as small) allows for flexibility, but the increase in debt and decrease in equity warrants closer attention. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, Country Herbs And Plants Ltd appears to be navigating a period of growth and change, with increased debt and a decrease in equity raising questions about its long-term financial health.

Registered in England/Wales under the registration number 04692236, with a registered address at PE11 2TA, Lincs, 1 - 4 London Road, Spalding.

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