Growtropicals Ltd

Growtropicals Ltd, based in Leeds, UK, is a small, active company founded five years ago in 2020. With nine employees and £343,019 in assets, it operates from a real address and is led by three directors and one owner. The business runs an e-commerce site, earning a stellar 5.0 Google rating from 142 reviews. It’s an irregular importer, primarily bringing in live trees, plants, bulbs, roots, and flowers, with recent activity recorded in July 2024.

The Growtropicals website showcases a wide range of houseplants, from easy-care varieties to rare and unusual specimens. It caters to both beginners and experienced plant enthusiasts, offering everything from pots and soil to propagation supplies and terrariums. The site emphasizes quality, sustainability, and customer support, with a "Grow With Us" section highlighting customer-submitted photos and offering plant care advice. It's a vibrant online destination for plant lovers.

Financially, Growtropicals Ltd presents a mixed picture. While cash reserves increased by 50% to £37,000, net assets actually decreased by 77% to -£270,000. Bank borrowings have been eliminated entirely, a positive sign, but creditors have decreased by 41%, suggesting a need to manage debts. 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 equity decline raises concerns. The company is exempt from an audit, so the figures are unaudited. It's also interesting to note that employee numbers increased by 44%, which could be a sign of growth, or an increase in labour costs. The company’s future depends on its ability to maintain its online presence and manage its finances effectively.

Registered in England/Wales under the registration number 12556047, with a registered address at LS4 2PU, United Kingdom, Leeds, Unit C1, Burley Hill Trading Estate.

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