Joyners Plants Limited

Joyners Plants Ltd from Newton Abbot UK is a small, holding company with an active status, established 24 years ago. The company employs 86 people and operates from a real address, managed by five directors and one owner. It boasts an impressive Google rating of 5.0 based on 1341 reviews, and is a regular importer of live trees, plants, bulbs, roots, and flowers, with 192 months of import activity recorded.

The company’s primary focus is retail, operating a network of four “Plants Galore” garden centres across Devon and Somerset—Plymouth, Totnes, Newton Abbot, and Exeter—as well as a location in Yeovil. The website showcases a wide range of products, from architectural Italian topiary to seeds, bulbs, and garden tools, with a particular emphasis on direct-from-the-grower pricing. It’s clear that Joyners Plants Ltd caters to both professional growers and home gardeners alike, offering a comprehensive selection of plants, supplies, and equipment. The website also has a section for Christmas trees and products.

Financially, Joyners Plants Ltd presents a mixed picture. While net assets increased by a solid 49% to £3.1 million, indicating overall growth, there are some concerning trends. Cash bank on hand rose by 20% to £1.5 million, which is good, but trade debtors surged by a significant 280% to £1.5 million—a sign that customers are taking longer to pay. Creditors also increased by 20% to £2 million. Amounts owed by group undertakings participating interests increased dramatically by 340% to £1.3 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the increase in debtors suggests a need for closer monitoring of payment cycles. The company's average number of employees increased by 12% to 96. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Joyners Plants Ltd appears to be a well-established and popular business, but the increase in debtors warrants attention. The company’s network of garden centres and online presence suggest a strong retail operation, but the financial data indicates a need for careful management of cash flow.

Registered in England/Wales under the registration number 04135298, with a registered address at TQ12 6PZ, Newton Abbot, Devon, Forches Cross, Forches Cross Road.

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