Grow 4 Good Ltd

Grow 4 Good Ltd, based in Durham, UK, is a small, active company that’s been around for fourteen years. Founded in 2011, it employs just two people and holds assets totaling £506,025. The company generated £1,918,242 in revenue last year, a solid figure for a business of its size. However, it’s worth noting that accounts are two years overdue, and confirmation statements are also outstanding—a potential red flag. The company is led by a solo founder who also serves as the director and owner, Lee Jonathan.

Grow 4 Good Ltd specializes in plant propagation and retail—selling flowers, plants, seeds, fertilizers, pet animals, and pet food, as well as electrical household appliances. It operates primarily through online sales, with a real registered address at 22i Beehive Workshops, Dragonville Industrial Estate. The company’s website is currently unavailable, so it’s difficult to assess the strength of its e-commerce presence.

Financially, Grow 4 Good Ltd shows a mixed picture. While revenue increased by 7.6% last year, net losses deepened to -£98,000. Cash reserves plummeted 71% to just £230,000, and bank borrowings surged by 100% to £40,000. Creditors also rose significantly, suggesting increased reliance on short-term financing. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the sharp decline in equity and increased debt raises concerns about its financial health. There’s no auditor mentioned, which is typical for small companies exempt from an audit. The company's average number of employees has doubled to four, which may be a reason for the increased debt.

Registered in England/Wales under the registration number 07561801, with a registered address at DH1 2XL, England, Durham, Tyne & Wear, 22i Beehive Workshops, Dragonville Industrial Estate.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.