Growing Solutions Limited

Growing Solutions Ltd, based in Chorley, UK, is a small, active company established 18 years ago. Employing 11 people, the business holds assets valued at £2,771,898 and operates from a real address. With two directors but no reported owners, the company regularly imports soaps, cleaning products, and waxes (for six months) and exports fertilizers (for five months).

The company's website showcases a wide range of fertilizer technologies and solutions for agriculture, ornamental horticulture, and turf management. It's clear that Growing Solutions Ltd is a B2B supplier, offering products and digital tools to professionals in these industries. The website doesn't appear to be an e-commerce platform; instead, it functions as a detailed product catalog and information resource, encouraging customers to contact the company directly.

Financially, Growing Solutions Ltd presents a mixed picture. While cash bank on hand increased by a solid 28% to £2.2 million, current assets decreased by 13% to £2.8 million. Debtor levels fell by 17%, which could be a positive sign of improved collection efficiency, but it also suggests a possible slowdown in sales. A significant increase in creditors (20%) indicates a reliance on short-term financing, and net assets grew by 16% to £3.5 million. The company's small size (meeting two of three conditions for being small) helps it remain flexible, but the rise in creditors warrants a closer look. There's no mention of an auditor, which is typical for small, exempt companies.

The company’s focus on fertilizers and nitrogen compounds suggests a stable, albeit competitive, market. The increase in bank borrowings may be linked to investments in new technologies or expansion efforts, but it’s important to monitor the company’s debt levels going forward.

Registered in England/Wales under the registration number 05798024, with a registered address at PR7 1NY, England, Chorley, A6 Arundel House, Ackhurst Business Park, Foxhole Road.

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