Palmer Nurseries Limited

Palmer Nurseries Limited, based in Pudsey, UK, is a small, family-run holding company with an active status. Established 42 years ago in 1982, it employs just three people and holds £292,993 in assets. The business, overseen by eight directors and three owners, maintains a real address and boasts a perfect 5.0 Google rating from two reviews. It’s a regular importer of live trees, plants, bulbs, roots, and flowers, with 8 months of import activity recorded, the latest in September 2023.

The company's website showcases a diverse range of services, from concrete trade supplies and topsoil to a unique rental space initiative—steel containers with lighting and CCTV—designed for small businesses. It also highlights a commitment to green waste recycling and a horticultural hub offering nursery, garden centre, and landscape operation services. The website is well-designed and clearly communicates the company’s offerings.

Financially, Palmer Nurseries Limited presents a mixed picture. Current assets increased by 21% to £290,000, while net assets plummeted 74% to just £66,000—a significant decline. Bank borrowings decreased by 100%, reaching zero, and cash reserves increased dramatically by 1200%, reaching £210,000. Creditors increased by 69%, suggesting a need to manage debt. 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 remain agile, but the equity drop is concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Palmer Nurseries Limited is experiencing some financial pressures, despite a strong online presence and diverse service offerings. The rental space initiative, in particular, suggests a forward-thinking approach to diversifying revenue streams.

Registered in England/Wales under the registration number 01640603, with a registered address at LS28 5QQ, United Kingdom, Pudsey, Calverley Lane, Calverley.

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