Improved performance in latest accounts for Thompson & Morgan

Thompson & Morgan has seen an improvement in performance in its latest accounts.

Director Paul Hansord
Director Paul Hansord

For the year ending June 30 2016, the company generated an EBITDA of £2.1m, up from £0.85m in 2015. Turnover has increased to £34m from £32m in the prior year.

The company has "benefited from more efficient operations as its investment in industry-leading IT pays off, along with a shift away from traditional catalogues to a more web based marketing platform. 

"In addition, the company has increased the range of products that it offers online and now has the widest range available to gardeners in the UK."

The Ipswich based retailer says it "dominates the online market, with its websites receiving double the number of visitors of its nearest competitor, 16.4m visits according to Hitwise figures.

It has its own breeding operation and has developed plants such as Buddleia Buzz and Foxglove Illumination.

Branded Garden Products, which has the principal activity of selling T&M and other branded products, had sales of £32m to 20 June 2015, according to its latest submitted results, up from £31.6m in 2014 - a one per cent increase. Group total loss for the year after tax was £1.312m, down from a loss before tax of £1.587m in the previous year. 


Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Read These Next

Horticulture Week Top 40 plant buyers 2017

Horticulture Week Top 40 plant buyers 2017

Longer spells in positions helps plant buyers to improve grower confidence.

Garden centre profile: Bunnings Warehouse, St Albans

Garden centre profile: Bunnings Warehouse, St Albans

A wider range to choose from, knowledgeable staff and more landscape product are just three of the features Bunnings is bringing to its revamped pilot stores, Matthew Appleby reports.

Business planning - Post-Brexit recruitment

Business planning - Post-Brexit recruitment

A good human resources strategy can help to ensure that you have enough of the right staff at the right time, Neville Stein advises.


Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +
Horticulture Jobs
More Horticulture Jobs

Horticulture Week Top 100 GARDEN CENTRES

Our exclusive ranking of garden centre performance by annual turnover. 

Garden Centre Prices