P.g. Horticulture Limited

Pg Horticulture Ltd is a small, active company based in Daventry, UK, founded fifteen years ago in 2009. With £2,070,335 in assets and a real address at Drayton Fields Industrial Estate, it employs seven people and is managed by two directors and one owner. The company regularly imports plastics and plastic products, with 77 months of import activity recorded, and exports fertilizers, with five months of export activity.

The company operates as a wholesale supplier to the horticultural industry, offering a wide range of specialist products for nurseries and growers. Its website showcases a diverse catalog, including planting tools, propagation trays, rootballing material, and protective fabrics. Notably, it also features a section dedicated to its piano division, 1066 Pianos, which operates from Cambridge and even has a showroom in Harrods, London. The company’s website is an e-commerce platform, requiring registration for wholesale accounts to receive volume discounts. Featured products include DCM SportMix Mineral Organic Fertiliser, Gloves Padua Dry, Hessian Roll, and Pot Support Display System.

Financially, Pg Horticulture Ltd shows some interesting trends. Cash reserves increased by 51%, reaching £650,000, while trade debtors increased by 2.9%, reaching £380,000. However, net assets declined by 10%, settling at £2.2 million. Creditors increased by 100%, reaching £100,000, and bank borrowings surged by 2,400%, reaching £29,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in bank borrowings and decrease in equity raise questions. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

Overall, Pg Horticulture Ltd appears to be navigating a period of change. While cash flow is strong, the increase in debt and decrease in equity suggest potential financial pressures. The dual nature of the business—horticultural supplies and piano restoration—adds complexity, and its success will likely depend on effectively managing both ventures.

Registered in England/Wales under the registration number 06921124, with a registered address at NN11 8RB, Daventry, Northamptonshire, 5 Brunel Close, Drayton Fields Industrial Estate.

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