Rainbow Plants Ltd

Rainbow Plants Ltd, based in Ottery St Mary, UK, is a small, active company established nine years ago. With 16 employees and £1,122,187 in assets, it operates from a real address and is managed by two directors and a single owner, holding a stellar 5.0 Google rating from 22 reviews. The company is a regular importer, specializing in live trees, plants, bulbs, roots, and flowers, with 94 months of import activity recorded.

The company’s website showcases a wholesale nursery serving the South West of England. It's open for browsing and plant collection, with a login required to view the full catalogue and pricing for commercial customers. Payment options include BACS and wireless card machines, and local deliveries over £750 are free. Rainbow Plants supplies garden centres and landscapers, offering a wide range of hardy nursery stock and even providing a cash-carry service to visitors. They’re also committed to sustainability, offering a used pot recycling program and selling spent compost for a donation to a local hospice.

Financially, Rainbow Plants Ltd shows a mixed picture. Cash bank holdings decreased by 17% to £160,000, while creditors increased by 23% to £210,000. Trade debtors fell by a significant 31%, suggesting improved collections, but corporation tax payable jumped 310% to £80,000. Despite these fluctuations, net assets increased by 11% to £1.4 million, and the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. With no auditor mentioned, the financial statements are unaudited.

Overall, Rainbow Plants Ltd appears to be a well-regarded business, though the rise in tax liabilities and creditor balances suggests it's carefully managing its finances. The company’s focus on wholesale and commitment to sustainable practices seem to be contributing to its positive reputation.

Registered in England/Wales under the registration number 09778319, with a registered address at EX11 1PG, England, Ottery St Mary, Devon, Woodys, Holcombe Lane.

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