Flowgro Limited

Flowgro Ltd, based in Derby, UK, is a small, active company founded nine years ago. With three employees and £160,415 in assets, it operates from a virtual address shared by 153 other companies, a detail that raises a slight question mark. The business is led by three directors and owned by a solo founder, Nicholas Ramsbottom. It runs an e-commerce site specializing in sprayer parts and related equipment, boasting a solid 4.0 Google rating from seven reviews. Flowgro regularly imports machinery, boilers, and mechanical appliances, parts, with the latest import in August 2024, and exports these items irregularly, with the last export in October 2023.

The company’s website, Flowgro Ltd, showcases a wide range of products, from Amazone and Hardi boom parts to TeeJet nozzles and pumps. It caters to the agricultural sector, offering parts and services for sprayer maintenance and repair. The site even highlights a service for National Sprayer Testing Scheme (NSTS) testing, indicating a focus on quality and compliance. It’s clear the company aims to be a one-stop shop for farmers and agricultural businesses needing sprayer equipment and support.

Financially, Flowgro Ltd presents a mixed picture. Cash bank on hand increased significantly by 150% to £39,000, a positive sign of improved liquidity. However, creditors jumped by a substantial 35% to £170,000, suggesting increased reliance on short-term financing. Current assets also rose by 47% to £160,000, but trade debtors increased by 30% to £95,000, which could indicate payment delays. The company's net assets increased by 12% to £22,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble. With no auditor mentioned, the financial statements are unaudited.

Overall, Flowgro Ltd appears to be a growing business, but the increase in debt warrants close monitoring. The company’s focus on a niche market and its commitment to quality services position it well for continued success, but managing its finances effectively will be crucial for long-term stability.

Registered in England/Wales under the registration number 10147556, with a registered address at DE1 2RJ, England, Derby, Derbyshire, The Mills, Canal Street.

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