Mcgrane Nurseries Ltd

Mcgrane Nurseries Ltd from Co. Armagh UK is a small, active company founded 23 years ago. Employing 57 people, it holds £3,185,930 in assets and operates from a real address. With three directors and two owners, it’s a family business boasting a perfect 5.0 Google rating from three reviews. It’s an irregular importer of wood and wood products, with just two months of import activity recorded.

The company's website highlights its role as wholesale plant growers in Northern Ireland, supplying bedding plants, pot plants, summer perennials, fruit and veg, and herbs to trade customers. It emphasizes investment in technology to improve efficiency and offers a range of products, including vegetable packs, herbs, and basket plants. The website also includes contact information and a call to action for trade customers to get in touch.

Financially, Mcgrane Nurseries Ltd shows some concerning trends. Accumulated depreciation on plant and machinery decreased by 20%, while motor vehicle depreciation dropped 11%. Cash bank on hand fell by 11% to £1,300,000. Bank borrowings, however, decreased significantly, falling by 72% for liabilities due within a year. Creditors also decreased by 60%, suggesting improved debt management. The company's small size (meeting two of three conditions for being small) helps it stay nimble, but the decrease in assets and cash reserves warrants attention. No auditor is mentioned, likely due to its status as a small company.

Overall, Mcgrane Nurseries Ltd appears to be a well-regarded family business facing some financial headwinds. While debt management has improved, the decrease in assets and cash reserves suggests a need for careful financial planning.

Registered in Northern Ireland under the registration number NI042184, with a registered address at BT62 2LE, Co. Armagh, 66 Laurelvale Road, Tandragee.

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