Sp Horticulture Ltd

Sp Horticulture Ltd, based in Coventry, UK, is a small, active company founded four years ago in 2020. With eight employees and £1,125,531 in assets, it operates from a real address and is led by a solo founder, Mangat Jasvinder, though there are no directors listed. The company is primarily a irregular importer, focusing on textile padding, felt, nonwoven fabrics, special yarns, and ropes and cables, with its last import activity recorded two months ago. It operates in the wholesale of other intermediate products and the retail sale of new goods in specialised stores.

The company’s website, CX Horticulture, showcases a range of fertilizers and plant growth enhancers, emphasizing high-quality products and a proven track record over 30 years. It highlights its "Mighty Bloom Enhancer" and "Head Masta" as key products, catering to both commercial and hobby growers. The website also features a distributor list, including FDP Wholesale in the UK, Stellar Wholesale in Canada, Biofloral in France, and HortUS in the USA. It also has a calculator and downloads section.

Financially, Sp Horticulture Ltd shows a mixed picture. While cash bank on hand has dramatically increased by 760% to £150,000, administrative expenses have risen by a substantial 60% to £840,000. Net assets have increased by 320% to £840,000, and operating profit has increased by 1600% to £840,000. The number of employees has also increased by 62% to thirteen. Trade debtors remain steady at £230,000, and creditors have risen by 18% to £290,000. 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 agility, but the increased expenses and reliance on retained earnings suggest a need for careful financial management. There is no auditor mentioned, likely due to its status as a small company. The accounts are unaudited.

Registered in England/Wales under the registration number 12883443, with a registered address at CV6 6AT, Coventry, Units 15-18 Hales Industrial Park, Rowley's Green Lane.

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