Monkton Elm Garden Centre Limited

Monkton Elm Garden Centre Ltd from Taunton, UK, is a well-established small company with an active status, having been founded 26 years ago in 1999. Employing 109 people and boasting a real address, the business is led by four directors and owned by three individuals. It operates an e-commerce site and enjoys a strong Google rating of 4.0 based on over 3,300 reviews. The centre is a regular importer of live trees, plants, bulbs, roots, and flowers, with recent import activity spanning three months, concluding in September 2024.

The centre's website showcases a wide range of products and services, from bird care and wildlife essentials to landscaping supplies and home & gift items. It’s clear they're catering to a broad customer base, offering everything from plants and seeds to outdoor furniture and pet supplies. The site also highlights events, gardening tips, and even a plant-of-the-month feature, demonstrating a commitment to engaging with its community. A notable feature is the restaurant and farm shop, adding to the overall experience.

Financially, Monkton Elm Garden Centre Ltd presents a mixed picture. Property, plant, and equipment decreased by 19% to £330,000, while cash reserves fell 30% to £2.5 million. Bank borrowings surged by 2,400%, reaching £29,000, and creditors rose 35% to £890,000. On the positive side, trade debtors decreased by 5.3% to £97,000, suggesting better debt management. 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 sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The increase in bank borrowings, coupled with the decrease in cash reserves, suggests the company may be facing tighter margins or increased operating expenses. However, the strong Google rating and diverse product range indicate a loyal customer base and a resilient business model. It's possible the company is investing in expansion or new initiatives, which could explain the short-term financial pressures.

Registered in England/Wales under the registration number 03749820, with a registered address at TA2 8QN, Taunton, Somerset, Monkton Elm Garden Centre Ltd, West Monkton.

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