More losers than winners in 2008 for garden companies

Each month Gardenforum’s Company Results pages are updated with the latest accounts filed at Companies House. Here is a summary of the results added recently.

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Ball Colegrave lifted turnover 24% to £25.8m. Profits increased to £1.4m for y/e Sep 08.
Profits at Roundstone Nurseries withered 26% at £936k. Borrowings reduced sharply for 2008.
A fall in sales at Allensmore Nurseries to £6.5m, led to a loss of £212k for y/e Sep 08.
Barcham Trees increased turnover to £5.2m, however profits fell to £191k for y/e Apr 09.
Ornamental Plants showed a profit of £296k for the 9 months ending Dec 2008.
Burston Nurseries fell into the red with a loss of £105k on sales, down 20% to £2.1m for 2008.
Turnover at Hillier Nurseries grew to £26.4m with profits static at £1.2m for y/e Aug 08.
Profits grew for the third year at O A Taylor & Sons Bulbs to £1.2m for y/e Nov 08.

Suppliers / Manufacturers
Sales increased by 6% at Gardman to £67.6m for y/e Jan 2009, but profits at £9m were almost the same as the previous year. Borrowings increased by almost £3m.
Turnover fell £7.6m at Hozelock for the year to Sept 08 to £42.1m. There was a loss of £3.35m after a profit in the previous year. Hozelock Group showed a profit of £122k.
Plum Products fell to a loss of £220k during 2008.
Thermometer makers S Brannan & Sons increased turnover to £3.1m and profits to £56k in the year to Mar 2009.
Syngenta Seeds recorded sales of £28.4m, up 13% and profits of £665k for the year to Dec 2008.
Trans-Continental Group, the importer of Snowtime and Suntime products that also has a garden centre, showed a profit of £353k on sales of £19m.
Profits at Doff Portland fell back to £172k for y/e Nov 08 (£365k Nov 07).
Floramedia UK published sales of £6.6m for 2008; there was a loss of £160k.
Turnover fell 10% at Solus Garden and Leisure for y/e Sep 08 to £80.3m. Profits fell 65% to £801k. Borrowings continued to fall.
Turnover at The Scotts Company UK grew 6% to £93.8m, but losses increased by £10m to £14.3m for y/e Sep 08. Borrowings also increased sharply to £44m.
Profits at Vogle-Gapes, which trades as Town & Country, fell back to £224k for y/e Sep 08.
Losses increased to £479k at Bulrush Horticulture on sales of £11.6m for y/e Sep 08.
Sales fell back slightly to £57.9m at Draper Tools, but profits increased to £13.5m for y/e Aug 08.
Einhell increased sales 46% to £5.2m, with a profit of £28k for 2008.
Fiskars Brands revealed a loss of £310k on sales of £11.9m for 2008
Sales at Grange Fencing fell back to £31.7m. Profits fell sharply to £205m for y/e Sep 08.
Profits at Westland Horticulture fell to £335k on sales marginally higher at £50.2m for y/e Aug 08.

Garden Centres / Retailers
Countrywide Farmers increased sales 14% to £215m with profits edging higher at £1.5m for y/e May 09.
Dobbies published sales of £122m for the 16 months to Feb 09 as they align accounts with new owner Tesco. Profits fell to £658k. Borrowings have also fallen sharply.
New Forest Farm Machinery made a reduced profit of £116k on sales of £6m for y/e Nov 08.
Thrigby Hall Wildlife Gardens declared a profit of £107k on sales of £729k for y/e Nov 08.
Sales fell for the 3rd year at Tong Garden Centre and losses increased. In the year to Jan 2009 there was a loss of £919k on sales of £4m.
Losses continued in 2008 at the Garden & Leisure Group with £1.9m loss on sales of £40.2m, 4% down on 2007.
Sales at Wilkinson Hardware Stores increased to £1.45 billion, while profits reduced sharply to £29.5m for y/e Jan 09.
Bents Garden Centre increased turnover to £11.6m with profits sharply higher at £587k for y/e Jan 09.
Blue Diamond UK say turnover increased by 32%. However, there was a loss of £350k for 2008. The parent company is based in the Channel Islands.
Losses increased sharply at Country Homes and Gardens to £1.9m in 2008, on sales of £17m, a marginal increase on 2007. Borrowings increased to £17.6m.
Matlock Garden, Waterlife & Pet Centre changed its year end to Dec 08. Profit for 9 months was £351k.
Stapeley Water Gardens increased profits to £375k in 2008.
Turnover fell at Wheatfields Park for the third year to £3.9m. Losses were smaller at £748k for y/e Jun 08.
Turnover almost doubled at Shoots Garden Centres to £5.8m. However, there were losses of £268k for y/e Aug 08.
Webbs Garden Centres held sales at £12.3m. Profits recovered to £273k in 2008.

Other companies recently updated on Gardenforum’s Company Results include:
A L Tozer
Fairbridge Garden Centre
Oasis Water Garden Products (London)
Pennell’s Estates
Pennell & Sons
Pennell’s Holdings
William Wood & Son
Winchester Garden Machinery
E P Barrus
Maxicrop UK
Midland Power Machinery Distributors
Milton Park (Dorset)
Monkton Elm Garden Centre
R Harkness & Co
Raglan Garden Centre
The British Association of Landscape Industries
The Garden Industry Manufacturers’ Association (1999)
Westminster Teak
Whitehall Group (Wessex)
Four Oaks Nurseries
Malcolm Scott Consultants
Oneida International
Quality Ornamentals
St John’s Nurseries (North Devon)
The Flowers & Plants Association
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