Springbank Flowers Ltd

Springbank Flowers Ltd, based in Manchester, UK, is a small, active company established 16 years ago. With 12 employees and £279,864 in assets, it's a well-established business boasting a 4.0 Google rating from 17 reviews. The company operates under the leadership of two directors and two owners, and has a real registered address. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with eight months of import activity recorded.

The company’s website, Springbank Flowers, paints a picture of a high-end floral design studio. It’s not a typical online flower shop; instead, it positions itself as a creator of "fragrant substance" and "visual theatre," catering to weddings, corporate events, and bespoke design projects. The site emphasizes a bespoke service, discretion (often relied upon by high-net-worth individuals), and a commitment to sustainability—operating from Manchester and a farm just outside the city, using rainwater harvesting, recycled glass vases, and electric delivery vans. It even boasts a flower terrace supplying fresh materials. The team is uniformed and professional, but can also deliver on a non-branded basis.

Financially, Springbank Flowers Ltd presents a mixed picture. Cash reserves have plummeted by a significant 69%, dropping to £69,000. Net assets also took a hit, decreasing by 28% to £110,000. Bank borrowings have been halved, reaching £10,000, and current assets have fallen by 28% to £280,000. However, creditors have also decreased, suggesting improved debt management. The company meets the criteria for being a small company, with a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is likely due to its small size, meaning the figures are unaudited.

While the company’s reputation and commitment to sustainability are strengths, the decline in cash reserves and net assets warrants attention. The business seems to be facing pressures, but its focus on high-end design and bespoke services could help it weather the storm.

Registered in England/Wales under the registration number 06903227, with a registered address at M21 9LP, Manchester, Lancashire, 24 Oswald Rd, Chorlton-Cum-Hardy.

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