Newquay Garden Centre Limited

Newquay Garden Centre Ltd from Newquay UK is a small, active company founded 36 years ago. With 41 employees and £555,612 in assets, it's a family business with three directors and two owners. The company is an irregular importer of furniture, lighting, and prefabricated buildings, with a recent import operation in August 2022.

The company operates a large garden centre, restaurant (The Potting Shed), and farm shop, offering a wide range of products and services from plants and garden furniture to gifts and local food. Its website highlights a commitment to sustainability, including peat-free compost, responsible recycling, and a pledge to use sustainable palm oil. It also sponsors Newquay AFC, demonstrating a connection to the local community. The business seems to be doing well, with a focus on providing a pleasant experience for customers.

Financially, Newquay Garden Centre Ltd shows some interesting trends. While cash reserves decreased by 27% to £200,000, bank borrowings increased by 19% to £53,000. Creditors also decreased by 5.1%, suggesting better debt management. Despite a 6.5% drop in current assets to £560,000, the company’s equity grew by 4.5% to £770,000. 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 it to remain flexible. The lack of a mentioned auditor is common for small companies, and the figures are unaudited.

The company's growth in assets and equity is encouraging, but the decrease in cash reserves warrants attention. The increased bank borrowings may indicate investments in the business, or it could be a sign of tighter cash flow. Overall, Newquay Garden Centre Ltd appears to be a stable, family-run business with a strong local presence, though it’s important to monitor its financial health closely.

Registered in England/Wales under the registration number 02384995, with a registered address at TR8 4LG, Newquay, Cornwall, Kiandra Little Trethiggey, Quintrell Downs.

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