Russells Garden Centre Ltd

Russells Garden Centre Ltd, based in Chichester, UK, is a family-run business with a long history, having been founded 79 years ago in 1946. Currently employing 11 people, the company holds £193,643 in assets and operates from a real address in Birdham. With two directors and two owners, it maintains an active status and a 4.0 Google rating based on 397 reviews. The business also runs an e-commerce site. Notably, it imports furniture, lighting, and prefabricated buildings irregularly, with the last import activity recorded two months ago in June 2016.

The company’s website highlights Russells Garden Centre as a boutique shop and gift store set in the harbour village of Birdham. It offers free parking, wheelchair access, and a personal shopping service. Credit card payments are accepted, and the coffee bar is currently closed. The site also features a closing down sale, as the owners are retiring, offering all stock at half price. They’re planning to close the business but haven’t set a closing date.

Financially, Russells Garden Centre Ltd presents a mixed picture. Current assets have decreased by 6% to £190,000, while net assets have fallen significantly by 23% to £61,000. Bank borrowings have decreased by 41%, and cash reserves have dropped 5% to £64,000. Creditors have increased by 12%, and trade debtors have decreased by 33%. The company’s small size—meeting two of three conditions for being classified as small—helps it remain nimble, but the decline in equity is a cause for concern. As a small company, it's exempt from an audit, so the financial statements are unaudited.

The company’s financial trends suggest it’s facing some challenges, though it's still operating. The closing down sale indicates a shift in strategy, and the business's long history and family ownership are likely factors in its decisions.

Registered in England/Wales under the registration number 00403938, with a registered address at PO20 7BY, Chichester, Sussex, Russells Nursery, Birdham.

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