New World Plants Limited

New World Plants Ltd, based in Alton, UK, is a small, family-run business with an active status. Founded 27 years ago, it employs just two people and holds £123,973 in assets. The company operates from a virtual address – with 123 other companies registered at the same location – and is managed by three directors and two owners. It’s an irregular importer, primarily dealing in iron or steel products, with its last import operation recorded over two years ago.

The company’s core business revolves around plant breeding and supplying the trade with new plant hybrids sourced from around the world, as well as its own breeding program. Its website highlights a wide range of plants, including agapanthus, dahlias, and salvias, catering to garden centers and nurseries. New World Plants also offers plant supply services, partner programs, and even disaster recovery for damaged pianos—a surprising diversification.

Financially, New World Plants Ltd shows a mixed picture. Cash bank on hand decreased by 3.5% to £100,000, while debtors surged by a staggering 180% to £22,000. Creditors also increased by 31% to £40,000. However, equity remained stable at £130,000. The company meets the criteria for being a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of a mentioned auditor, likely due to its small size, means these figures are unaudited.

The increase in debtors could indicate a period of growth, but also potential challenges in collecting payments. While the company’s diverse offerings and focus on new varieties suggest a forward-thinking approach, the financial data suggests it’s navigating a delicate balance.

Registered in England/Wales under the registration number 03411351, with a registered address at GU34 1HG, Alton, Hampshire, Market House, 21 Lenten Street.

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