Gb Hemp Ltd

Gb Hemp Ltd, based in Northampton, UK, is a small, active company founded five years ago. Despite its status, the business is facing some challenges, with accounts overdue for two years and confirmation statements outstanding for a year. The company employs just one person and holds £6,128 in assets, operating from a virtual address shared by numerous other businesses. It’s a solo founder operation led by a single director and owner, Tailor Vinial Jitendra Singh, and runs an e-commerce site.

The company's website, The British Hemp Company, focuses on selling hemp seed products – cold-pressed oil, prebiotic blends, hemp hearts, protein powder, and fibre plus – directly to consumers. Customer reviews are overwhelmingly positive, praising the taste, health benefits, and quality of the products. The site also highlights the company’s commitment to plant-based nutrition, British sourcing, and carbon capture, emphasizing its eco-friendly practices.

Financially, Gb Hemp Ltd’s numbers paint a picture of a business struggling to gain traction. Net assets have fallen to a mere £150, while cash reserves sit at a low £4,600. Bank borrowings have increased significantly, reaching £29,000, and trade debtors have ballooned, suggesting delayed customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant decline in equity is concerning. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

While the e-commerce side appears active and well-reviewed, the financials reveal strain. It’s possible the company is reinvesting heavily in its online presence and product development, but the lack of profitability and reliance on bank borrowings suggest a challenging path ahead.

Registered in England/Wales under the registration number 11963131, with a registered address at NN4 7BF, United Kingdom, Northampton, Northamptonshire, Artisans' House, 7 Queensbridge.

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