Tillers Turf Company Limited

Tillers Turf Company Ltd from Grantham UK is a small, holding company with an active status, having been founded 36 years ago in 1989. The company employs 32 people and holds £5,045,923 in assets. It has a real registered address, is overseen by one director and one owner, and enjoys a stellar 5.0 Google rating based on 26 reviews. The company is an irregular importer of miscellaneous manufactured goods, with just one month of import activity recorded as of February 2022.

The company operates in the growing of other non-perennial crops industries, and its website showcases a wide range of turf products, including golf turf, landscape turf, and wildflower turf. The site also offers calculators and guides for laying turf, highlighting its commitment to customer support and expertise. It’s clear the company is focused on providing specialist turf solutions, catering to both commercial and residential clients. The website’s extensive product listings and detailed information suggest a well-established operation with a clear understanding of the turf market.

Financially, Tillers Turf Ltd presents a mixed picture. Cash reserves increased significantly by 180% to £540,000, a positive sign of improved liquidity. However, net assets decreased by 63% to £820,000, and trade debtors fell by 20% to £810,000. Creditors increased by 92% to £4,500,000, and bank borrowings increased by 2,400%. It’s worth noting that the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s increased cash reserves are encouraging, but the decrease in net assets and increase in creditors suggest it may be burning through money. The company’s focus on specialist turf solutions and its strong online presence should help it navigate these challenges, but it’s important to monitor its financial performance closely.

Registered in England/Wales under the registration number 02336318, with a registered address at NG32 3AT, Grantham, Lincolnshire, The Barn Charity Street, Carlton Scroop.

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