Turffit Ltd.

Turffit Ltd, based in Scotlandwell, UK, is a small, holding company with an active status. Established twenty years ago in 2005, the company employs eleven people and holds assets totaling £655,328. It operates from a real address and is overseen by three directors and a single owner. The company runs an e-commerce site, boasting a perfect 5.0 Google rating from seventy-two reviews. It’s an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with its last import operation occurring one month ago.

Turffit Ltd’s website, infoturffit.co.uk, positions it as Scotland’s leading turf supplier, offering a wide range of landscaping essentials, from topsoil and bark to lawn fertiliser and grass seeds. It even provides a turf laying service and sells ornamental grass seeds. The company’s 400 acres of fertile land produce top-quality turf, and it prides itself on delivering to customers across the UK. The website also features a blog with helpful lawn care tips and advice.

Financially, Turffit Ltd’s recent performance presents a mixed picture. Current assets have decreased by 21%, dropping to £660,000, while net assets have fallen by 13%, settling at £930,000. Cash reserves have declined significantly, decreasing 56% to £140,000. Creditors, however, have increased by 12%, reaching £420,000, suggesting a need for more working capital. Trade debtors have also decreased by 25%, which could indicate improved collection efforts. The company’s small size (meeting two of three criteria for being a small company) helps it stay nimble, but the decline in equity is something to watch. No auditor is mentioned, which is typical for a small company.

The company's recent director resignation five months ago may indicate a shift in management, and the company's focus on irregular imports, while potentially offering unique products, could also introduce logistical challenges. Overall, Turffit Ltd seems to be navigating a period of change, balancing its commitment to quality turf with the pressures of a competitive market.

Registered in Scotland under the registration number SC282220, with a registered address at KY13 9JH, Scotlandwell, Kinross-Shire, Levenmouth Steadings.

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