Traad Nurseries Ltd

Traad Nurseries Ltd from Magherafelt UK: a small, active company founded 18 years ago, employs five people, and holds £912,592 in assets. It’s a family business with three directors and two owners, operating from a real address. The company regularly imports live trees, plants, bulbs, roots, and flowers – 29 months of import activity recorded, with the last operation in February 2025.

The company’s website, Traad Nurseries, presents a straightforward online store. It lists categories and provides directions and business hours. There's not much detail beyond that, suggesting a focus on direct sales rather than extensive marketing. It seems to be a simple e-commerce presence, likely used to supplement its wholesale operations.

Financially, Traad Nurseries Ltd appears to be in a healthy position, though some trends are worth noting. Current assets have increased by 56%, reaching £1.4 million, while cash bank on hand has seen a remarkable 240% jump to £1 million. Creditors have also increased by 55%, reaching £600,000, which could be due to increased stock purchases to meet demand. Debtors have risen significantly, by 77%, to £160,000, which might indicate a delay in customer payments. Equity has grown by 34%, to £1.3 million, a positive sign of retained earnings. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble. The accounts are abridged and unaudited, with no auditor mentioned, which is common for small companies.

Overall, Traad Nurseries Ltd seems to be doing well, with strong asset growth and a healthy cash position. The increase in debtors should be monitored, but otherwise, the company appears to be financially stable and well-managed.

Registered in Northern Ireland under the registration number NI061359, with a registered address at BT45 6LN, Magherafelt, Co Londonderry, 33 Lough Road, Ballymaguigan.

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