Red Roofs Nursery Limited

Red Roofs Nursery Ltd from Cottingham UK: a small, active company founded 22 years ago, employs 42 people, and holds £1,421,882 in assets. It’s a real address, managed by six directors and one owner, and enjoys a perfect 5.0 Google rating based on five reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with just one month of imports recorded.

The business operates in the growing of vegetables and melons, roots and tubers industries. It's a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company has a real address as only one company registered at the address. The company is a irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 1 months of imports. The last import operation was conducted on January 01, 2023.

While the company's website isn't available, the financial data reveals a mixed picture. Accumulated amortisation impairment intangible assets decreased by 0.84%, while accumulated depreciation impairment property plant equipment increased by 14%. Bank borrowings decreased by 23%, and cash bank on hand remained stable at £720,000. Creditors increased by 10%, and current assets increased by 5.8%. Debtors increased by 11%.

The company's net assets increased by 2.6%, and fixed assets decreased by 6.1%. Trade creditors trade payables increased by 38%, and trade debtors trade receivables decreased by 62%. The company's small size helps it stay agile, but the increased creditors suggest it may be relying on credit to manage its operations. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Red Roofs Nursery Ltd seems to be holding its own, but the financial data suggests it's facing some challenges. The company's focus on growing vegetables and melons, roots and tubers, and its irregular import activity, may be contributing to these challenges.

Registered in England/Wales under the registration number 04652319, with a registered address at HU16 4JN, England, Cottingham, East Yorkshire, Northmoor Lane.

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