Xl Horticulture Limited

Xl Horticulture Limited, based in Ottery St Mary, UK, is a small, holding company with an active status. Established nineteen years ago in 2005, the company employs seventeen people and holds assets totaling £1,451,503. It operates from a real address and is overseen by three directors and one owner. The business regularly imports plastics and plastic products, having done so for twenty months, and exports textile padding, felt, nonwoven fabrics, special yarns, ropes, and cables for sixteen months.

The company’s activities span several areas: growing other perennial crops, providing specialised construction services, wholesaling hardware and plumbing supplies, and engaging in non-specialised wholesale trade. It’s a small company, meeting two of three conditions (turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees). The company’s website is not available for review.

Financially, Xl Horticulture Limited shows a mixed picture. Current assets have decreased by 5.6% to £1,500,000, while net assets have remained steady at £1,200,000. Bank borrowings have decreased by 16% to £34,000, and cash reserves have increased by 99% to £200,000. Creditors have decreased by 15% to £620,000. Trade debtors have increased significantly by 46% to £600,000. The company’s creditors have also decreased by 47% to £240,000. The increase in trade debtors could indicate a delay in customer payments, or perhaps the company has extended credit terms. The decrease in creditors suggests better management of short-term liabilities.

The company's financial statements were prepared using the historical cost convention, and it is exempt from an audit as a small company. The directors have elected not to deliver a profit and loss account. The company’s functional currency is sterling, and the financial statements are rounded to the nearest pound.

Registered in England/Wales under the registration number 05576710, with a registered address at EX11 1JZ, Ottery St Mary, Devon, Devonshire Lavenders, Exmouth Road West Hill.

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