A garden centre based in Lincolnshire has fallen into administration after almost three decades in business. Opperman Plants Ltd has supplied millions of ornamental and tropical plants to retailers and wholesalers across the UK every year since 1997.
The family-run business, based in Spalding, has now appointed administrators as of April 13, filed on the public records, The Gazette.
The retailer says it was one of the biggest producers of tropical plants in the country, having supplied some of Britain's major supermarket brands with its plants. Opperman Plants said it had used "innovative growing techniques" to produce eight million plants per year, including tropical indoor house plants and outdoor ornamentals.
Mike and Jenny Opperman were once at the helm as founders and managing directions, with family members working across their sales, customer service and operation teams. Now, Nathan Jones and John Lowe of insolvency firm FRP Advisory Trading Limited are acting on behalf of the business.
It is currently unclear why the garden centre collapsed into administration, but firms usually do this when they are experiencing cash flow pressures, reports The Express. The process can also give businesses room to breathe while administrators claw back viable parts of the firm or try to restructure it. However, if it cannot be saved, they will work to get a better return which may look like finding a buyer for some of the assets.
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