Lumby Garden Centre Limited

Lumby Garden Centre Ltd, based in Leeds, UK, is a small, family-run business with an active status. Established three years ago, the company employs 33 people and holds £527,632 in assets. It has a real address, four directors, and two owners, and boasts a strong 4.0 Google rating from 969 reviews. The centre is a regular importer of live trees, plants, bulbs, roots, and flowers, with 7 months of import activity recorded.

The company’s website showcases a traditional garden centre with a focus on plant sales and a keen emphasis on quality. It operates both a garden centre and a coffee shop, the latter open slightly longer hours. The site highlights a wide selection of shrubs, trees, plants, composts, garden furniture, tools, and even water features, with a delivery service available. It's clear Lumby Garden Centre is a well-established local business, catering to gardening enthusiasts in the Leeds and Selby area.

Financially, Lumby Garden Centre Ltd shows some concerning trends. Current assets decreased by 13% to £530,000, while net assets fell 45% to £260,000. Bank borrowings increased by a significant 2,400% to £29,000, and cash reserves dropped 12% to £480,000. Trade debtors decreased by 58%, which is good, but creditors rose 3.8% to £990,000. 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 it to remain flexible, but the drop in equity and increased debt raise questions. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Lumby Garden Centre Ltd appears to be a well-regarded local business facing financial challenges. While its strong customer reviews and diverse product range suggest a loyal customer base, the company will need to address its debt and improve its equity position to ensure long-term sustainability.

Registered in England/Wales under the registration number 13861462, with a registered address at LS25 5LE, England, Leeds, Leys House, South Milford.

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