Palm Tree House Ltd

Palm Tree House Ltd, based in London, UK, is a small, active company founded seven years ago in 2017. With ten employees and £59,790 in assets, it operates from a virtual address, managed by a single director and owner – a solo founder. The company runs an e-commerce site specializing in the sale of palm trees, olive trees, and other exotic plants, catering to the British climate. It occasionally imports paper and paperboard products, with a single month of import activity recorded in 2021.

The company’s website, The Palm Tree Company, showcases a wide range of hardy palms, yucca, tree ferns, and other plants, some rare and unusual. It emphasizes quality, free UK mainland delivery, and a personal service, even delivering many plants directly to customers. The site also offers a range of services, including plant hire and bespoke topiary. It's open online all the time for you to buy our beautiful palms trees, olive trees and exotics.

However, Palm Tree House Ltd’s recent financial performance paints a concerning picture. Cash reserves have plummeted by 100%, leaving just £200, while current assets have fallen by 67% to £60,000. Liabilities have increased significantly, with accrued liabilities rising by 63% to -£66,000, and net assets dropping dramatically to -£170,000. The number of employees has increased by 60% to sixteen, which could be a sign of increased workload, but also potentially unsustainable growth. Debtors have fallen by 58% to £51,000, which could be a good thing, but also suggests a decrease in sales. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Registered in England/Wales under the registration number 10948252, with a registered address at EC2A 2EA, England, London, 1st Floor, 44 Worship Street.

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