Verti-grow Ltd

Verti-Grow Ltd, based in Brighton, UK, is a small, active company founded ten years ago. With a single employee and £53,013 in assets, it's a solo founder operation led by a director and owner, Daniel Fishwick. The company boasts a perfect 5.0 Google rating from 21 reviews and regularly imports live trees, plants, bulbs, roots, and flowers—most recently in July 2023.

Verti-Grow specializes in bringing nature indoors and outdoors, offering services like moss walls, living walls, and biofurniture. Its website showcases a range of products and services, including design, installation, and maintenance. They even have a blog with articles on green architecture and biophilic design, aiming to educate and inspire customers. They also have a section for "coming soon" products, suggesting future expansion.

Financially, Verti-Grow Ltd presents a mixed picture. Current assets have decreased by a significant 46% to £53,000, while net assets have plummeted 77% to just £11,000. Bank borrowings have increased by a whopping 200% to £6,400, and cash reserves have fallen 57% to £19,000. Creditors, however, have decreased by 91%, which is a positive sign. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, likely due to its small size and exemption from an audit.

Overall, Verti-Grow Ltd seems to be facing financial headwinds. The sharp decline in net assets and cash reserves, combined with increased borrowing, suggests the company is burning through money. While the business model—bringing nature into indoor spaces—is appealing and well-presented on its website, it will need to address these financial challenges to ensure long-term sustainability. The company’s solo founder structure might be a factor, potentially limiting its resources and expertise.

Registered in England/Wales under the registration number 09322149, with a registered address at BN1 4BH, Brighton, East Sussex, C/O BEGBISE TRAYNOR (CENTRAL) LLP, 26 Stroudley Road.

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