Upcountry Limited

Upcountry Ltd from Brighton UK: a small holding company with an active status, was founded eleven years ago in 2014. Employing forty-seven people, the company holds £972,084 in assets and operates from a virtual address, registered at Friday Media Group Ltd. Three directors and one owner oversee the business, which runs an e-commerce site and irregularly imports furniture, lighting, and prefabricated buildings—the last import operation occurred two months ago, in March 2024.

The company’s website, UpCountry Garden Centre Bakehouse, presents a diverse retail operation. It’s a garden centre and bakery with a wide range of products, from plants and gardening equipment to furniture, animal supplies, and even alcoholic drinks. The site actively promotes seasonal events, sales, and new product lines, and offers local delivery and click-and-collect options. The website also highlights a new events venue and a butcher shop, indicating expansion into new areas.

Financially, Upcountry Ltd shows a mixed picture. Accumulated depreciation on intangible assets increased by 41%, while depreciation on property, plant, and equipment rose by 81%. Bank borrowings increased significantly, reaching £3.4 million, a rise of 18%. Despite this, cash bank on hand grew by 62% to £30,000. Trade creditors decreased by 15%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million and fewer than fifty employees. The absence of an auditor is typical for companies of this size.

Overall, Upcountry Ltd seems to be navigating a period of change. The growth in bank borrowings and the increase in depreciation suggest ongoing investment, while the decrease in creditors indicates a focus on financial stability. The company's diverse retail offerings and expansion into new ventures position it for continued growth, although the financial details warrant close monitoring.

Registered in England/Wales under the registration number 09010459, with a registered address at BN1 1NF, England, Brighton, Friday Media Group Ltd, 80 East Street.

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