New Horizon Flowers Limited

New Horizon Flowers Ltd from Grantham UK is a small holding company with an active status, founded twelve years ago. The company employs seven people and holds £590,822 in assets. It operates from a virtual address, a detail flagged by the registration of 245 companies at the same location, and is overseen by four directors and one owner. The company regularly imports live trees, plants, bulbs, roots, and flowers, with its last import operation occurring three months ago in October 2023.

The company's core business involves the wholesale of flowers and plants, operating primarily through a B2B model. While a website isn’t available, the company’s activities suggest a focus on supplying businesses rather than direct consumer sales. The absence of a public-facing website could indicate a reliance on established industry contacts and trade shows for marketing and sales.

Financially, New Horizon Flowers Ltd presents a mixed picture. While net assets increased by 34% to £430,000, cash reserves decreased significantly by 31% to £93,000. Trade creditors rose by 44%, suggesting increased reliance on supplier credit, while trade debtors decreased by 21%, which could indicate improved collection processes. 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 for flexibility, but the decrease in cash reserves warrants attention. With no auditor mentioned (likely exempt as a small company), the figures are unaudited. The company’s reliance on imports, as indicated by the three-month import window, could also make it vulnerable to supply chain disruptions or currency fluctuations.

Registered in England/Wales under the registration number 08495025, with a registered address at NG31 6SF, Grantham, Lincolnshire, 3 Castlegate.

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