Smart Garden Products Ltd

Smart Garden Products Ltd, based in Oxfordshire, UK, is a company specializing in garden products, with an active trading status. Founded, it employs 170 people and holds £33 million in assets. The company’s core business revolves around the design, development, and supply of garden products, catering to both retail and trade customers. The company’s website showcases a wide range of items, including solar lighting, outdoor heating, faux décor, pet products, and gardening essentials, sold under various brands like Smart Garden, Eureka Lighting, and Flamboya. It also provides information on where to buy its products and offers customer service contact details.

The website functions primarily as an e-commerce platform, directing customers to stockists and providing information about the company's brands and product groups. It doesn's appear to have a direct online store, but rather acts as a directory and marketing hub. Customers can find a list of retailers carrying Smart Garden Products, and the site also features a news section, FAQs, and contact information for both consumer and trade inquiries. The site also highlights accreditations and provides links to legal documents like the Modern Slavery Statement.

Financially, Smart Garden Products Ltd presents a mixed picture. Turnover decreased by 34% to £51 million, while net assets increased by 11% to £33 million. Cash reserves saw a significant boost, increasing by 460% to £15 million—a very positive sign. However, administrative expenses rose by 21% to £15 million, and director remuneration increased by 98% to £2.4 million. Bank borrowings were eliminated, a good development, but trade debtors decreased by 26% to £17 million, which could indicate slower payments from customers. The company’s auditor is TC Group.

The substantial increase in cash reserves suggests improved liquidity, while the decrease in turnover could be attributed to various factors, such as market conditions or increased competition. The rise in administrative expenses and director remuneration might reflect investments in growth or increased operational costs. The decrease in trade debtors could be a sign of improved credit control, or it could signal a slowdown in sales. With a substantial increase in cash reserves, it seems like the company is in a relatively stable position, although the increase in administrative expenses and director remuneration warrants further investigation.

Registered in England/Wales under the registration number 04583901, with a registered address at OX14 3PZ, Abingdon, Oxfordshire, 2 Pentagon South, Barton Lane.

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