Dos Hermanas Ltd

Dos Hermanas Ltd, based in Bristol, UK, is a small, active company founded seven years ago. It employs eight people and holds £207,742 in assets, operating from a real address. With two directors and two owners, the company is an irregular importer of clothing and accessories, not knitted or crocheted, with its last import activity occurring over two years ago.

The company’s website, Dispensary Home Dos Hermanas Cannabis Co, reveals a very different business. It’s a cannabis dispensary and online store located in Santa Rosa, New Mexico, offering a range of products including edibles, flower, concentrates, and vaporizers. The site emphasizes personalized cannabis care, expert staff, and a focus on community wellness, partnering with a local farm, Daft Republic, for its flower supply. The dispensary also boasts a perfect 5-star Google rating.

Financially, Dos Hermanas Ltd shows a mixed picture. Current assets have fallen by 30% to £210,000, and net assets have dropped by 34% to £28,000. Bank borrowings have increased significantly by 160%, reaching £890, while cash reserves have plummeted 100% to just £2. Creditors have also decreased by 34%, suggesting better debt management. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the sharp decline in equity is concerning. Depreciation charges have remained consistent, and the company has not mentioned an auditor, likely due to its status as a small company.

The company’s financial data suggests it’s facing some challenges, possibly burning through cash. The cannabis business, however, appears to be thriving, with a strong online presence and positive customer reviews. Whether Dos Hermanas Ltd can sustain both ventures remains to be seen.

Registered in England/Wales under the registration number 11130933, with a registered address at BS20 6EW, England, Bristol, 6-8 High Street High Street, Portishead.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.