The Palm Centre Limited

The Palm Centre Ltd from Richmond UK: a small, active company founded 26 years ago, is currently overdue on its confirmation statement by a month. With 18 employees and £305,002 in assets, this solo-founded business, managed by three directors and one owner, enjoys a stellar 5.0 Google rating based on 336 reviews. It's a regular importer, bringing in live trees, plants, bulbs, roots, and flowers for the past 114 months, with the last import occurring in February 2025.

The Palm Centre operates as a wholesale supplier, with its website showcasing a wide range of plants and gardening supplies. It’s a fully functioning e-commerce site, offering everything from indoor plants like calatheas and ferns to outdoor trees and shrubs, pots, and specialist fertilisers. The website also features a dedicated section for rare and unusual plants, alongside helpful advice on plant care and inspiration for indoor gardening. The business also has a nursery with a plant introduction section.

Financially, The Palm Centre shows a mixed picture. While cash reserves increased by 20% to £180,000, current assets decreased slightly to £310,000. Trade debtors decreased by 3%, while creditors also fell by 22%. The company’s small size—meeting two of three conditions for being considered small—helps it remain flexible. However, the decrease in net assets liabilities by 4.1% to £190,000, and the increase in bank borrowings by 2,400% to £29,000, suggest it may be relying on debt to fuel its operations. With no auditor mentioned, the financial statements are unaudited.

Overall, The Palm Centre Ltd appears to be a well-regarded business with a strong online presence, but its financial performance suggests it’s navigating a period of change. The business has a good reputation, but it’s important to monitor its financial health closely.

Registered in England/Wales under the registration number 03729232, with a registered address at TW10 7HA, Richmond, Surrey, Ham Nursery, Ham Street Ham.

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