Hortlands Ltd

Hortlands Ltd from Berkshire UK is a small, active company founded eleven years ago in 2014. With nineteen employees and £622,110 in assets, it’s a family business run by two directors and two owners. The company operates from a real address in Reading and is regularly importing live trees, plants, bulbs, roots, and flowers – a consistent activity spanning thirty-nine months, with the latest import occurring in February 2025. It also occasionally exports art and antiques, though this activity is irregular, with just one month of exports recorded as of February 2020.

The company’s website, while not providing detailed e-commerce information, suggests a focus on landscape services. It appears to be a B2B operation, catering to commercial clients rather than direct consumers. While no online store is apparent, the website’s presence indicates a desire to showcase their expertise and attract potential clients.

Financially, Hortlands Ltd’s recent performance shows some concerning trends. While cash reserves increased by a healthy 58% to £470,000, net assets declined by 42% to £420,000. Bank borrowings have increased significantly, surging by 55% to £4,200, and trade debtors have decreased by 17% to £110,000. Creditors have also risen by 38% to £400,000. Capitalised borrowing costs related to motor vehicles increased by 100%, and plant machinery saw a 20% increase, suggesting investment in equipment. 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, and the financial statements are unaudited.

The increase in bank borrowings and the decrease in equity suggest that Hortlands Ltd may be burning through cash to fund its operations, although the increase in cash reserves indicates a current ability to manage these costs. The company’s focus on landscape services and its family-run nature suggest a stable business model, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 08954405, with a registered address at SL0 9AN, United Kingdom, Iver, Buckinghamshire, Orchard Cottage, Thorney Mill Road.

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