Progrow Scotland Ltd

Progrow Scotland Ltd, based in Livingston, UK, is a small, active company founded 13 years ago. With three employees and £558,332 in assets, it’s a well-established player in the local market. The company has a real address and is led by one director and owner, boasting a stellar 5.0 Google rating from 22 reviews. It’s an irregular importer of fertilizers, with its last import operation occurring in November 2023.

The company's website, infoprogrowscotland.co.uk, showcases a vast selection of gardening supplies, from seeds and soil to lighting and ventilation systems. It’s clearly an e-commerce business, offering a comprehensive range of products for both hobbyists and commercial growers. The site features multiple brands, including Advanced Nutrients, Grotek, and Monkey Nutrients, suggesting a focus on high-quality inputs. It also offers a wide variety of grow media, lighting accessories, and pest control solutions. The website’s layout is a bit cluttered, but it’s easy to navigate and search for specific items. The site also includes a blog with helpful articles and product reviews.

Financially, Progrow Scotland Ltd presents a mixed picture. While cash reserves decreased by 15% to £380,000, debtors increased by 20% to £69,000, which could indicate growing sales but also potential payment delays. Bank borrowings, however, surged by 100% to £53,000, suggesting the company may be relying more on credit to fund its operations. Creditors also decreased by 27%, which is a positive sign of better debt management. The company’s small size (meeting two of three conditions for a small company) allows it to remain agile, but the increase in borrowing raises questions about its long-term financial health. No auditor is mentioned, likely due to its status as a small company exempt from an audit. The company’s net assets remained stable at £430,000.

Overall, Progrow Scotland Ltd appears to be a well-regarded supplier of gardening supplies, but its increased borrowing suggests it may be facing financial pressures. It's a small business with a good reputation, but it will need to manage its finances carefully to ensure its continued success.

Registered in Scotland under the registration number SC422538, with a registered address at EH54 5EG, United Kingdom, Livingston, West Lothian, 9 Nasmyth Court, Houstoun Industrial Estate.

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