Newstead Nurseries Ltd

Newstead Nurseries Ltd from Wakefield UK: a small, active company founded three years ago, employs ten people, and holds £1,078,076 in assets. It operates from a virtual address – registered at 10 Cliff Parade, where 104 companies are registered – and is managed by three directors and one owner, Hughes Daniel Mark. The company boasts a stellar 5.0 Google rating based on 474 reviews. Newstead Nurseries is a regular importer, specializing in live trees, plants, bulbs, roots, and flowers, with three months of import activity recorded as of January 2025.

The company's website, while present, appears to be minimal and doesn’t showcase an active e-commerce platform. Facebook is not available on this browser. This suggests the business may primarily operate through other channels, such as wholesale or local sales.

Financially, Newstead Nurseries Ltd presents a mixed picture. While current assets have decreased by 14% to £1,100,000, net assets have increased by 64% to £64,000. Bank borrowings have risen significantly by 31% to £320,000, and cash reserves have increased by 400% to £7,600. Creditors have decreased by 15%, indicating improved debt management. The company meets the criteria for a small business – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Depreciation on plant machinery has increased dramatically, suggesting investment in equipment, but the increase in bank borrowings could indicate a need for working capital. The company is exempt from an audit.

Overall, Newstead Nurseries Ltd seems to be navigating a period of investment and growth, though the increased borrowing warrants close monitoring. The company’s strong Google rating suggests a positive reputation among customers, which is a valuable asset.

Registered in England/Wales under the registration number 13913533, with a registered address at WF1 2TA, England, Wakefield, 10 Cliff Parade.

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