David Austin Roses Limited

David Austin Roses Limited, based in Wolverhampton, UK, is a substantial player in the rose industry, holding a strong position with 222 employees and £12.45 million in assets. Founded 33 years ago, the company boasts an impressive £26.38 million in yearly revenue and maintains a real address. It’s a holding company with five directors and one owner, actively importing machinery and boilers and exporting printed materials. Notably, it holds a perfect 5.0 Google rating from over 2,000 reviews, and operates an e-commerce site.

The company’s core business revolves around breeding, growing, and selling roses, with a significant focus on licensing varieties worldwide. Its website showcases a wide range of roses, from classic English varieties to newer cultivars, alongside gardening accessories and expert advice. The company also operates a visitor centre and plant nursery in Shropshire, offering a unique experience for rose enthusiasts.

Financially, David Austin Roses Limited demonstrates a mixed picture. While current assets decreased by 5.6% to £12 million, turnover dropped 4.2% to £24 million. However, retained earnings increased by a substantial 14%, reaching £20 million—a positive sign of profitability. Bank borrowings increased by 170%, reaching £1.7 million, and cash reserves fell 47% to £3.3 million. The company's size meets two of three criteria for a large company, with turnover over £36 million, balance sheet over £18 million, and over 250 employees. The lack of a named auditor suggests exemption as a small company.

The company's continued focus on breeding and licensing, coupled with its strong brand reputation, suggests a commitment to long-term growth. However, the decline in cash reserves and increased borrowings warrant close monitoring. The company's ability to maintain its premium pricing and navigate global supply chain challenges will be key to its future success.

Registered in England/Wales under the registration number 02701780, with a registered address at WV7 3HB, Wolverhampton, Bowling Green Lane, Albrighton.

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