Lucksbridge Horticulture Limited

Lucksbridge Horticulture Ltd from Spalding UK: a small, active company founded 16 years ago, employs 16 people, and holds £480,529 in assets. It's a family business with a 5.0 Google rating based on six reviews, and regularly imports live trees, plants, bulbs, roots, and flowers (22 months imported). The company operates from a virtual address, has two directors and two owners, and is a regular importer.

The company, Lucksbridge Horticulture, is a family-run nursery located on the outskirts of Spalding in Lincolnshire. It grows a variety of products, either grown or traded, and supplies wholesalers and intermediaries. In 2019, Lucksbridge Marketing Limited was introduced, providing products from local growers to garden centres and businesses. The company prioritizes quality, efficiency, and service, and customers need to register or login to place an order.

Financially, Lucksbridge Horticulture Ltd shows a mixed picture. Current assets increased by 20% to £480,000, while net assets remained steady at -£64,000. Bank borrowings decreased by 13% to £46,000, and cash reserves grew by 7% to £3,100. Creditors increased by 26% to £360,000, and trade debtors surged by 57% to £250,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the continued negative equity raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's depreciation charges have increased slightly over the last year, with the most significant increases seen in Furniture Fittings and Motor Vehicles. This could be due to increased investment in these areas, or it could reflect the aging of existing assets. The company's net current assets liabilities are steady, and the increase in trade debtors suggests a possible need to manage cash flow more effectively.

Registered in England/Wales under the registration number 06762548, with a registered address at PE11 1AF, Spalding, Lincs, 32 The Crescent.

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