Whitacre Garden Centre Limited

Whitacre Garden Centre Limited, based in Birmingham, UK, is a small, active company established 22 years ago. Employing 80 people and holding assets of £1,476,792, it operates a real address and is managed by four directors and one owner. The business runs an e-commerce site and regularly imports stone, plaster, cement, and similar material products – with the latest import activity recorded three months ago.

The company's website showcases a wide range of gardening supplies, from houseplants and compost to furniture and barbecues. It offers free delivery over £150 and home delivery for orders over £25, and features a Palm House Bistro serving locally sourced food. The site also promotes a Santa's Grotto and highlights its 5-star Facebook reviews, emphasizing friendly staff and a welcoming atmosphere.

Financially, Whitacre Garden Centre Limited presents a mixed picture. Current assets have increased by 12%, reaching £1,500,000, while net assets have grown by 6%, hitting £1,400,000. However, bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves have fallen by 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company meets two of three criteria for being a small company – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size.

The sharp increase in bank borrowings, despite rising assets, is a point of concern. It could be linked to investments in inventory or expansion, but it warrants further scrutiny. The company’s reliance on seasonal sales and the competitive gardening market could also be contributing factors. The lack of employees, while keeping overheads low, might also limit its growth potential.

Registered in England/Wales under the registration number 04522494, with a registered address at B46 2PL, Birmingham, 1 Nightingale Cottage, Tamworth Road Nether Whitacre, Coleshill.

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