Vicarage Nurseries Limited

Vicarage Nurseries Limited, based in Coventry, UK, is a small, active company founded 27 years ago in 2008. With 43 employees and £1,206,447 in assets, it operates from a virtual address—a detail worth noting as 610 companies share the same location. The business is led by three directors and has two owners, and boasts a respectable Google rating of 4.0 based on 39 reviews. It’s an irregular importer, primarily bringing in natural materials for weaving and crafts, with its last import activity occurring over two years ago in March 2022.

The company’s website is non-existent, which makes it difficult to determine the full scope of its operations. However, the report indicates that Vicarage Nurseries Limited operates in the manufacture of other food products, suggesting a diverse range of activities.

Financially, Vicarage Nurseries Limited presents a mixed picture. While current assets increased by 16% to £1,200,000, net assets plummeted 91% to -£190,000—a significant downturn. Bank borrowings surged by 33% to £1,200,000, and cash reserves decreased by 37% to £120,000. Creditors also increased by 16% to £1,900,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The company’s reliance on irregular imports and the sharp decline in equity raise concerns about its long-term financial health. It seems that the business is burning through money. The lack of a website and the virtual address further complicate the picture, suggesting a potentially lean operation—or one that may not be fully transparent.

Registered in England/Wales under the registration number 03533717, with a registered address at CV6 4AD, United Kingdom, Coventry, Bridge House, 9 - 13 Holbrook Lane.

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