Use & Grow Ltd

Use & Grow Ltd, based in Edinburgh, UK, is a small, active company founded two years ago. It holds £1,983 in assets and operates from a real address, managed by one director and a solo founder. The company specializes in retail sales via mail order and online, alongside other retail outlets. It’s a small company, meeting two of three criteria: turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees.

The company's website, Easy Grow, is a wholesale distributor of horticultural products, particularly hydroponic supplies. It caters primarily to retailers and wholesalers, offering a wide range of nutrients, additives, lighting, and accessories from brands like Athena, Bio Nova, and Lightite. The site actively encourages businesses to register for wholesale accounts, providing access to exclusive resources and a vast product catalog. Easy Grow also boasts a network of distributors and stores across the UK and internationally, with a focus on customer support and a commitment to high-quality products.

Financially, Use & Grow Ltd presents a mixed picture. Current assets are reported at £2,000, a slight increase from the previous year, while net assets sit at a negative £10,000. Loans from directors are at £12,000. Cash on hand is £790. The company’s small size and lean operation (no employees reported) allow for agility, but the negative equity suggests it's burning through cash. The lack of an auditor, as is typical for small companies, means the figures are unaudited. It's possible that the company is reinvesting heavily in its business, or that recent sales haven’s kept pace with expenses. The website’s focus on wholesale and its extensive product range suggest a potential for growth, but financial stability remains a key challenge.

Registered in Scotland under the registration number SC759995, with a registered address at EH11 2NS, Scotland, Edinburgh, Midlothian, Utility Store, 132 Gorgie Road.

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