Richard Griffith House Plants Limited

Richard Griffith House Plants Ltd, based in Knaresborough, UK, is a small, family-run business with an active status. Founded 22 years ago, the company employs eleven people and holds £954,314 in assets. With a real registered address and three directors, plus two owners, it’s a tight-knit operation. The firm is an irregular importer of live trees, plants, bulbs, roots, and flowers, with just two months of import activity recorded, the latest in March 2023. It operates in the other retail sale in non-specialised stores industries and has a Google rating of 4.0 based on eight reviews.

The company’s website, rightbusinesssource.co.uk, lists Richard Griffith House Plants Ltd as a garden centre located within Moorland Nurseries. It provides a directory of cities across the UK where the company’s products are available, suggesting a broad distribution network. It also links to a website called rggardenfurniture.co.uk. While the main focus seems to be retail, the directory also lists several associated companies, including Richard Green Independent Financial Adviser Ltd, indicating potential diversification or related services.

Financially, Richard Griffith House Plants Ltd shows some concerning trends. While current assets increased by 9.5% to £950,000, equity dropped 7% to £250,000. Bank borrowings surged by 32% to £100,000, and cash reserves increased by 48% to £22,000. Creditors also increased by 28% to £550,000. 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 rise in debt and increase in creditors suggests a need for careful financial management. The company is exempt from an audit as a small company, so the figures rely on unaudited statements. The company’s net assets liabilities are £450,000. The company's trade debtors decreased by 69%.

Registered in England/Wales under the registration number 04667579, with a registered address at HG5 8JY, England, Knaresborough, North Yorkshire, Moorland Nurseries, Forest Moor Road.

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