Munro's Nurseries Limited
- Small
- Active
- 4 years
- 40 employees
- £237,808 (assets)
- Real address
- 4 directors
- 3 owners
- Regular importer
- Family business
- Rating 5.0 (227)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Munro’s Nurseries Limited, based in Inverness, UK, is a small, active family business founded three years ago. Employing 44 people and holding £228,116 in assets, the company operates from a real address and is managed by four directors and three owners. Boasting a perfect 5.0 Google rating from 227 reviews, it's a popular destination for plant enthusiasts. The business regularly imports live trees, plants, bulbs, roots, and flowers, with the latest shipment arriving in December 2024.
The company’s website showcases a wide range of offerings, from plants and gardening supplies to homeware and a cozy coffee shop. It’s clear they cater to both serious gardeners and those looking for a pleasant day out. The site emphasizes a welcoming atmosphere and a focus on customer service, with a dedicated section for dog owners. They even have a section for seasonal plants and a range of National Garden Gift Vouchers.
Financially, Munro's Nurseries Limited presents a mixed picture. Accumulated amortisation impairment intangible assets increased by 50%, while depreciation impairment property plant equipment saw significant increases, particularly in furniture fittings (140%) and leasehold improvements (80%). Average number of employees decreased by 9.1%, suggesting a slight reduction in workforce. Bank borrowings decreased by 53%, which is a positive sign, and cash bank on hand increased by 110%, indicating improved liquidity. Creditors decreased by 5%, which could mean better debt management. However, net assets plummeted by 240%, a significant decline that warrants further investigation. The company, meeting two of three criteria for being a small business, benefits from agility, but the equity drop is concerning. The company’s financial statements are unaudited, relying on director-reported data.
Overall, Munro's Nurseries Limited seems to be a well-regarded local business facing some financial headwinds. The strong Google rating suggests a loyal customer base, but the declining equity needs to be addressed to ensure long-term sustainability.
Registered in Scotland under the registration number SC703251, with a registered address at IV1 3XE, Scotland, Inverness, Inverness-Shire, Munro's Nurseries Bogallan, North Kessock.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 4 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 4 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 4 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
-
Resident of United Kingdom
-
Individual
- 4 years
-
Resident of United Kingdom
-
Individual
- 4 years
-
Resident of United Kingdom
-
Individual
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Total exemption full accounts made up to 2024-12-31Download 11 pages pdf report
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Confirmation statement made on 2024-07-01 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 11 pages pdf report
Importer profile by HS codes
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Last imported products
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