The Mains Of Drum Garden Centre Limited

The Mains Of Drum Garden Centre Ltd from Banchory UK: a small, active company founded 18 years ago, employs 62 people, and holds £786,353 in assets. It's a real, family-run business with six directors and two owners, boasting a strong 4.0 Google rating from over 1,100 reviews. The centre regularly imports live trees, plants, bulbs, roots, and flowers – six months worth of imports were recorded, with the latest being March 2024.

The Mains of Drum operates as both a garden centre and a restaurant, offering a diverse range of products and services. Its website showcases a wide selection of plants, gardening supplies, outdoor furniture, and gifts, alongside a popular food hall and award-winning restaurant. The centre also hosts events, gardening club memberships, and even offers bus tours, creating a community-focused destination. The website also has a blog with articles on gardening tasks, plant care, and seasonal tips.

Financially, The Mains Of Drum Garden Centre Ltd shows some concerning trends. Accumulated depreciation has increased by 7.0%, while bank borrowings have risen by 15.0%. Cash reserves have significantly dropped by 43.0%, and corporation tax payable is now £29,000. Creditors have increased by 8.3%, and trade debtors have ballooned by a staggering 460%. Equity, however, has increased by 15.0%, which is a positive sign. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the decrease in cash reserves and increase in debt warrants closer attention. The accounts are unaudited, as is typical for a small company.

Overall, The Mains Of Drum Garden Centre Ltd seems to be a thriving local business with a strong reputation, but the recent financial data suggests it may be burning through cash. Whether this is a temporary blip or a more fundamental issue remains to be seen.

Registered in Scotland under the registration number SC311898, with a registered address at AB31 5AN, Banchory, Aberdeenshire, East Mains Of Drum, Drumoak.

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