Growforth Ltd.

Growforth Ltd from Hillend, Dunfermline UK: a small, active company founded 35 years ago, employs 26 people, and holds £412,821 in assets. It’s a family business with three directors and two owners, operating an e-commerce site and boasting a stellar 5.0 Google rating from nine reviews. The company regularly imports live trees, plants, bulbs, roots, and flowers—nine months of imports recorded, with the latest in September 2023.

Growforth’s website showcases a diverse operation. While its core business involves wholesale supply to the horticulture industry, the site also highlights a Grapevine News section, featuring updates on new technologies and dispatch procedures. The company's contact details and opening hours are clearly displayed, and it emphasizes sustainability and community engagement. It’s a business that seems to value both its industry expertise and its customer relationships.

Financially, Growforth Ltd shows some interesting trends. Current assets increased by 33% to £410,000, while net assets rose by a substantial 220% to £620,000. Bank borrowings increased by 32% to £40,000, and cash reserves saw a healthy 75% jump to £13,000. Creditors also increased, by 29%, to £310,000. 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 significant increase in net assets suggests a period of growth and reinvestment. The unaudited figures, like many small companies, rely on director-reported data.

It seems Growforth Ltd is in a strong position, benefitting from its long-standing reputation and a focus on customer service. The company’s financial health appears solid, although the increase in creditors should be monitored.

Registered in Scotland under the registration number SC120367, with a registered address at KY11 7HS, Hillend,Dunfermline, Fife, South Pargillis, Clockluine Road.

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