Garden centres see improved results in latest returns

Three well-known garden centres have improved profits according to latest Companies House returns.

Scotsdale Nursery and Garden Centre in the year to 31 July 2016 saw turnover rise 1.96% to £20.73m. Gross margin was up 1.16% to 41.67%.

Profits after tax were £1.232m against £936,000 in the previous year. The group is looking at improving all four of its sites.

Aylett Nurseries saw gross profit rise to 46.68% from 45.84% in the year to 31 October 2016. Employment costs as a percentage of sales rose to 26.02% from 25.13%. Stock turnover rose from 69 to 72 days. Turnover fell to £6.98m from £7.04m. Operating profit rose to £490,000 from £466,000. 

Hayes GardenWorld had turnover of £9.34m in the year to 31 December 2015, up from £8.99m, and operating profit up to £351,000 from £205,000.

The Cumbrian garden centre has sold part of its land on a 250-year lease to Sainsbury's for £2.25m according to the accounts.


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