Flowerline Limited

Flowerline Limited, based in Mansfield, UK, is a sizable company with an active status, having been incorporated eleven years ago in June 2013. Employing 106 people, it holds assets totaling £4,193,596. The company operates from a real address and is overseen by three directors and one owner, who's list was changed five months ago. It boasts a respectable Google rating of 4.0 based on 89 reviews. Flowerline Limited is a regular importer, specializing in live trees, plants, bulbs, roots, and flowers, with 182 months of import activity recorded.

The company’s website indicates it operates in the retail sale of flowers, plants, seeds, fertilizers, pet animals, and pet food in specialized stores. It seems to be a brick-and-mortar business, with no obvious e-commerce functionality apparent on its website. The focus is on providing a range of gardening and pet-related products, suggesting a local customer base.

Financially, Flowerline Limited presents a mixed picture. While cash reserves increased by a significant 69% to £2,700,000, net assets grew by 39% to £8,000,000. However, administrative expenses increased by 14% to £1,700,000, and bank borrowings decreased by 34% to £340,000. Creditors decreased by 37% to £890,000, which could indicate improved debt management. The company’s assets are being used well, with a 24% increase in current assets to £4,200,000. The company’s turnover decreased by 5.1% to £14,000,000. The audit firm Afford Bond Holdings Limited conducted the audit.

The company’s growth in net assets and cash reserves is encouraging, but the increase in administrative expenses warrants further investigation. The decrease in bank borrowings suggests a more cautious approach to financing, and the decrease in creditors indicates better debt management. The company’s size (meeting two of three criteria for a large company) allows it to operate efficiently, but the management changes five months ago could be a sign of restructuring or new initiatives.

Registered in England/Wales under the registration number 08563107, with a registered address at NG21 0RT, United Kingdom, Mansfield, Notts, Burma House Burma Road, Blidworth.

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