Plimsoll finds 153 small garden centres are in financial difficulty

Industry analysts Plimsoll has found that 153 small companies in the UK garden centres industry are in financial difficulty and 223 "vulnerable to takeover" as the effects of the credit crunch continue to bite hardest at the lower end of the market.

According to market analysts Plimsoll and their new report on conditions in the garden centres industry, smaller companies have not had the same facilities to ride out the recession as well as their larger counterparts.

David Pattison, author of the Plimsoll Analysis - Garden Centres said: "While large companies have relied on their size, brands and better access to cash, smaller companies have been left high and dry".

He added: "We have given 153 small companies a Danger rating. While conditions have improved of late, I fear a high proportion will fail. Whereas large companies can call on banks and parent companies or cut out loss making parts of their operations, smaller companies are increasingly running out of cash."

Pattison also points out how small companies are struggling to maintain their market share and being squeezed out of the market: "There are 148 small companies are selling less than last year. Clearly they have seen demand for their products dip or worse still, a new competitor has emerged. With their finances already stretched, they have little left in their arsenal to fight back.

"There are clearly too many small companies chasing too little market. The inevitable consequence is another round of consolidation with large competitors buying small companies at a discount. Of the 488 companies with assets of less than £3m, we have identified 223 companies as being vulnerable to takeover."

  • Readers of Horticulture Week are entitled to a £50 discount of this new special edition of the Plimsoll Industry Analysis - Garden Centres. Call 01642 626400 for further details and quote reference PR/AA34.


Subscribe to Horticulture Week for more news, more in-depth features and more technical and market info.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Sign up now
Already registered?
Sign in

Read These Next

Business planning - Managing price volatility

Business planning - Managing price volatility

There are options to help you manage the impact of exchange rate fluctuations when buying from abroad, Neville Stein advises.

What have growers and retailers learnt from snowy March?

What have growers and retailers learnt from snowy March?

Growers and retailers have come up with strategies to combat unexpected bad weather after "Beast from the East" snow hit the UK three times in March.



The range of colours and flowering times makes for cheerful and economic displays, Miranda Kimberley reports.

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

Horticulture Week Top 100 GARDEN CENTRES 2017

See our exclusive ranking of garden centre performance by annual turnover. 

Garden Centre Prices

Peter Seabrook

Inspiration and insight from travels around the horticultural world

Read more Peter Seabrook articles

Neville Stein

Business advice from Neville Stein, MD of business consultancy Ovation

Read latest articles


Free to subscribers, the essential guide for professional plant buyers

Download your copy