Ruskington Garden Centre Limited

Ruskington Garden Centre Ltd from Sleaford UK is a large, holding company with an active status. Founded fifteen years ago in 2010, the company employs ninety-three people and holds £2,822,108 in assets. Its yearly revenue is a substantial £6,461,753, and it operates from a real address. With four directors and one owner, the company enjoys a stellar 5.0 Google rating based on 915 reviews. It’s an irregular importer of ceramic products, with two months of imports recorded, the last being in September 2024.

The company’s website is minimal, offering little insight into its online presence. It seems the focus is primarily on in-store sales and services, with no e-commerce functionality readily apparent. The garden centre likely provides a range of plants, gardening supplies, and potentially outdoor furniture and décor.

Financially, Ruskington Garden Centre Ltd presents a mixed picture. While turnover has increased, several key indicators suggest potential challenges. Accrued liabilities have decreased slightly, but depreciation on plant and machinery has risen significantly—17%—potentially reflecting investment in new equipment or increased maintenance costs. Administrative expenses have also increased by 13%, and the company’s tax rate has jumped from 19% to 25%, impacting profitability. Despite these pressures, cash bank on hand has increased by 16%, and the company’s comprehensive income has risen by 15%, indicating overall growth. The company’s net assets have also increased by 22%, suggesting a strengthening financial position. Borrowings have decreased, and creditors have increased, which could be a sign of delayed payments.

The company’s large size—meeting two of three criteria for a large company—means it’s subject to more stringent reporting requirements. With no auditor mentioned, the financial statements are unaudited. The increase in depreciation, coupled with rising administrative costs, could be a cause for concern, but the overall growth in revenue and net assets suggests the business remains resilient. It’s likely that the company’s success is tied to its local market and reputation for quality gardening products and services.

Registered in England/Wales under the registration number 07150164, with a registered address at NG34 9EB, Sleaford, Lincolnshire, Newton Lane, Ruskington.

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