Seiont Nurseries Ltd

Seiont Nurseries Ltd, based in Preston, UK, is a small, family-run business with an active status. Founded nine years ago in 2015, it employs eleven people and holds £315,871 in assets. With three directors and two owners, the company operates from a real address and is a regular importer of live trees, plants, bulbs, roots, and flowers – importing for 24 months, with the most recent import in June 2024.

The company’s website reveals it’s a wholesale liner and plug producer based in Caernarfon, North Wales. It operates an online catalogue and participates in several trade shows, including the HTA National Plant Show and Four Oaks Trade Show. The website highlights its specialisation in new and unusual varieties, shipped weekly across the UK and Europe. Seiont Nurseries prides itself on providing a top-quality product and service, catering to customers of all sizes. It even offers free delivery to UK mainland on full trolley orders.

Financially, Seiont Nurseries Ltd shows some concerning trends. Current assets decreased by 5.3% to £320,000, and net assets declined by 13% to -£91,000. Bank borrowings increased by 44% to £43,000, while cash reserves dropped significantly by 55% to just £13,000. Creditors also decreased, suggesting better management of short-term debts. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the significant equity decline is a cause for concern. The company's financial statements are unaudited, and no auditor is mentioned, likely due to its small size.

The company's net assets are negative, which is not ideal, and the increase in bank borrowings suggests it may be burning through cash. Despite these challenges, Seiont Nurseries’ focus on new varieties and its commitment to customer service position it well within the plant propagation industry, and it's a good thing they are still operating.

Registered in England/Wales under the registration number 09829307, with a registered address at PR4 6UU, England, Preston, 188 Blackgate Lane, Tarleton.

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