Elite Greenhouses Limited

Elite Greenhouses Ltd, based in Bolton, UK, is a small, active company with a long history, having been founded 48 years ago in 1977. Employing 31 people, the business holds £4,037,380 in assets and operates from a real address. With four directors and two owners, it’s a family-run enterprise with a solid reputation. The company regularly imports aluminum and aluminum products, having done so for 26 months, and exports furniture, lighting, and prefabricated buildings for 6 months.

Elite Greenhouses specializes in the design, manufacture, and sale of aluminum greenhouses, catering to both domestic and international markets. Their website showcases a wide range of greenhouse styles, sizes, and accessories, emphasizing quality, durability, and customization options. They even offer bespoke greenhouse designs to meet specific customer needs. The company doesn't sell directly to the public, instead supplying garden centres and building outlets across the UK.

Financially, Elite Greenhouses presents a mixed picture. While cash reserves increased by 14% to £2.9 million, trade debtors saw a significant drop of 43%, falling to £120,000—suggesting a possible tightening of credit terms or improved collection rates. Creditors decreased by 25%, to £98,000, which is a good sign. However, net assets increased by only 7.1%, reaching £3.7 million, and bank borrowings increased by 2400%, reaching £29,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in borrowings is something to keep an eye on. There's no auditor mentioned, which is common for small companies. The company’s long-standing presence and focus on high-quality products suggest a stable business, but the financial details indicate a need for careful management.

Registered in England/Wales under the registration number 01295765, with a registered address at BL4 8PD, Bolton, Lancashire, Bent Spur Road, Kearsley.

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