Gb Flowers Limited

Gb Flowers Ltd from Hull UK: a small, active company founded 21 years ago, boasts a 5.0 Google rating from 9 reviews. With five employees and £236,773 in assets, it operates from a real address and is overseen by three directors and two owners. It’s a regular importer, bringing in live trees, plants, bulbs, roots, and flowers for 10 months, with the last import occurring in December 2022.

The company primarily engages in the wholesale of flowers and plants, serving a B2B market. While no dedicated website is available, its presence is felt through industry directories and likely direct sales. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Gb Flowers Ltd shows some concerning trends. Cash bank on hand dropped by 13%, settling at £170,000. Trade debtors increased by a significant 27%, reaching £62,000, which could indicate difficulties in collecting payments. Equity also took a hit, decreasing by 30% to £85,000. However, creditors remained relatively stable, and borrowings increased by 17%, reaching £88,000. The company’s unaudited financial statements, prepared using Digita Accounts Production software, show a lack of an auditor.

The decline in cash reserves and equity, coupled with rising debtors, suggests Gb Flowers Ltd may be facing cash flow challenges. It’s possible the company has been investing in inventory or expanding its operations, but careful management will be needed to ensure long-term financial stability.

Registered in England/Wales under the registration number 04942406, with a registered address at HU4 7EA, Hull, East Yorkshire, Priory Market Henry Boot Way, Priory Park East.

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