South Hams Nursery Stock Limited

South Hams Nursery Stock Ltd, based in Bovey Tracey, UK, is a small, family-run business with an active status. Founded 21 years ago, it employs just four people and holds £1,930 in assets. Operating from a virtual address, the company is managed by five directors and owned by three individuals—though this list may not be exhaustive. It boasts a perfect 5.0 Google rating based on a single review.

The company specializes in growing other perennial crops, plant propagation, wholesale of flowers and plants, and retail sales via mail order and the internet. Its website, Coastal Hedging, focuses on providing plants suitable for coastal areas, offering a range of seaside plants and hedging solutions. The site features a blog with news from the nursery, highlighting challenges like recent storms and the progress of cuttings. It's a small business, meeting two of the three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Financially, South Hams Nursery Stock Ltd presents a mixed picture. Accumulated depreciation on property and plant equipment increased by 8.1%, indicating investment in assets, but cash bank on hand plummeted by a staggering 99% to just £30. Bank borrowings also increased significantly by 87%, and current assets decreased by 76%. While trade debtors decreased, creditors also fell, suggesting some improvements in managing debt. The company’s small size allows for flexibility, but the sharp decline in cash reserves and equity warrants attention. No auditor is mentioned, meaning the financial statements are unaudited.

Overall, South Hams Nursery Stock Ltd appears to be navigating a challenging period. While its niche focus on coastal hedging plants and its strong online presence are positives, the company needs to address its declining cash flow and manage its debt effectively to ensure its long-term sustainability.

Registered in England/Wales under the registration number 04975790, with a registered address at TQ13 9AE, Bovey Tracey, Devon, The Old Temperance House, 34/36 Fore Street.

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