Harescombe Nurseries Limited

Harescombe Nurseries Limited, based in Gloucester, UK, is a small, active company founded 18 years ago. With just one employee and £24,377 in assets, it’s a solo founder operation managed by two directors. The business holds a stellar 5.0 Google rating based on one review, reflecting a positive customer experience. The company operates in the wholesale of flowers and plants industries.

The website reveals a broader business model than initially apparent. While Harescombe Nurseries focuses on plant wholesale, the site lists a vast array of cities across the UK, suggesting a business that connects nurseries with retailers—essentially acting as a sourcing and distribution hub. It’s unclear if this is a direct sales operation or a more complex brokerage model. The site’s extensive list of locations, however, indicates a nationwide reach, despite its small size.

Financially, Harescombe Nurseries shows a mixed picture. Current assets have increased by 10%, reaching £24,000, while net assets decreased by 140%, landing at -£14,000. Bank borrowings decreased by 13%, reaching £8,800, and cash reserves fell 23%, dropping to £120. Creditors increased by 69%, reaching £48,000, which could indicate increased purchasing activity. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit.

The company’s financial performance suggests it’s facing challenges. The significant decrease in equity, despite increased assets, raises concerns about profitability. The increase in creditors, while potentially linked to growth, could also signal cash flow pressures. While the business maintains a strong Google rating, its long-term financial health remains uncertain.

Registered in England/Wales under the registration number 05884096, with a registered address at GL4 0XD, England, Gloucester, Gloucestershire, Brook Farm, Harescombe.

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