QD Commercial Group, the owner of the Cherry Lane outlets, has announced it is actively looking to acquire more garden centres after a positive set of financial results.
In its annual report in the year to 28 February 2026, the company said: “The strategic plan for the QD Commercial Group continues to build momentum and the directors are delighted to announce continued growth above and beyond in both turnover and profit. The business is actively looking to acquire more garden centres, destination and market town stores.”
Group turnover for the year increased by 4.5% to £123,325,000 compared to £117,965,000 the previous year.
The company achieved a net profit before tax of £1,436,000, and at the end of the year its net assets were £4,535,0000, an increase of 1.3%.