Ince Blundell Nurseries Limited

Ince Blundell Nurseries Limited, based in Southport, UK, is a small, active company established 20 years ago. With just four employees and £190,676 in assets, it operates from a virtual address shared by 77 other companies, a fact that raises some questions. The business is led by two directors and a single owner, who is also the solo founder. It boasts a stellar 5.0 Google rating from 205 reviews, reflecting a positive customer experience. The company is an irregular importer, primarily dealing in live trees, plants, bulbs, roots, and flowers, with a recent import recorded just one month ago.

The company’s website, while not a fully-fledged e-commerce platform, directs users to a Facebook page. This suggests a reliance on social media and potentially limited online sales. The Facebook page is primarily used for login and sign-up, with no direct product listings or shopping functionality. Instead, it serves as a portal to connect with existing customers and build brand awareness. The company operates in the retail sale of flowers, plants, seeds, fertilizers, pet animals and pet food in specialised stores.

Financially, Ince Blundell Nurseries Limited presents a mixed picture. While current assets increased by 11% to £190,000, net assets decreased by 12% to £150,000. Cash bank on hand took a significant hit, dropping 25% to £37,000. Creditors increased substantially by 56%, reaching £85,000, and trade debtors rose by 31%, indicating a potential issue with collecting payments. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s irregular import activity and the rise in creditors suggest it might be burning through cash faster than it’s bringing it in. However, the strong Google rating and the fact that it’s been operating for two decades indicate a loyal customer base and a degree of resilience. The virtual address, while convenient, could also be a red flag, warranting further investigation.

Registered in England/Wales under the registration number 05362807, with a registered address at PR9 0PG, United Kingdom, Southport, Merseyside, 55 Hoghton Street.

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