Greens Holdings Uk Limited

Greens Holdings Uk Ltd from Otley UK is a small, active company founded eight years ago. Employing ten people and holding £1,586,202 in assets, it operates from a real address and is overseen by three directors and one owner. The company's core business revolves around retail sales via mail order houses or via the internet, a sector that’s seen fluctuating demand in recent years.

The company’s website, while not providing extensive details, confirms its focus on online retail. It's a relatively straightforward e-commerce operation, likely targeting a specific niche within the broader retail market. While the site doesn't offer a deep dive into products or services, it does suggest a focus on curated offerings rather than a vast selection.

Financially, Greens Holdings Uk Ltd presents a mixed picture. While net assets increased by a respectable 30%, reaching £1,000,000, other key indicators raise some concerns. Cash bank on hand dropped significantly by 44% to £350,000, and bank borrowings increased by 30% to £23,000. Trade debtors surged by 100% to £330,000, which could indicate difficulties in collecting payments or a strategy of extending credit to boost sales. The company’s average number of employees also increased by a substantial 90% to nineteen, which could be a result of increased demand or an investment in scaling operations. It’s worth noting that the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees) means it’s likely exempt from an audit, so the figures are unaudited.

Loans from directors, however, saw a dramatic increase, rising by 840% to £43,000. This could be a sign of investment in the business or a temporary need for additional funding. The increase in creditors by 22% to £610,000, while not alarming, suggests a need to manage short-term liabilities. Overall, Greens Holdings Uk Ltd appears to be navigating a period of growth, but needs to keep a close eye on cash flow and debt management to ensure long-term sustainability.

Registered in England/Wales under the registration number 10622615, with a registered address at LS21 3EE, United Kingdom, Otley, Unit E2 Otley Mills, Ilkley Road.

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