Horticultural Ltd

Horticultural Ltd from Eastleigh UK: small company, active status, founded 8 years ago, 19 employees, £133,421 assets, real address, 2 directors, 2 owners. Irregular importer of furniture, lighting, and prefabricated buildings (2 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale of flowers, plants, seeds, fertilizers, pet animals and pet food in specialised stores industries.

The company’s website, harrod.co.uk, showcases a wide range of garden supplies, tools, and equipment. It’s clear that the business is focused on retail, with prominent sections dedicated to raised beds, planters, fruit cages, and netting. There's also a significant emphasis on outdoor living, featuring furniture, pergolas, and gazebos. The website’s design is clean and user-friendly, with high-quality product photography and detailed descriptions. It even has a blog, Stephanie's Garden Blog, offering advice and inspiration for gardeners. The site is clearly designed to be an e-commerce platform, allowing customers to browse and purchase products online. It appears they also have a pop-up shop and a presence at the RHS Chelsea Flower Show.

Financially, Horticultural Ltd shows some concerning trends. Current assets have fallen by 33% to £130,000, and net assets have plummeted 24% to -£740,000. Bank borrowings have increased significantly, and cash reserves have decreased. Creditors have also increased, suggesting the company is relying on credit to manage its operations. The lack of employees (19 reported) indicates a lean structure, but the declining equity is a red flag. The company is exempt from an audit as a small company, so the figures are unaudited.

It seems like Horticultural Ltd is facing some financial pressure, despite its strong online presence and focus on quality products. The company's reliance on borrowing and the decline in equity suggest it's burning through money. Whether it can turn things around remains to be seen.

Registered in England/Wales under the registration number 10321099, with a registered address at SO50 7DE, England, Eastleigh, The Garden Society Allington Lane, Fair Oak.

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