Herbfarmacy Ltd

Herbfarmacy Ltd, based in Hereford, UK, is a small, active company founded twelve years ago. With four employees and £73,593 in assets, it operates from a real address and is led by one director and owner. The company runs an e-commerce site and is an irregular importer of plastics and plastic products (just one month of imports recorded in 2017), but a regular exporter of essential oils and perfumes (fourteen months of exports, last in 2018).

The company’s website showcases a range of organic skincare products, handcrafted on the farm. It highlights traditional herbal preparations and emphasizes ethical sourcing and production. The site also features a separate division, 1066 Pianos, a high-end piano restoration business, which operates from Cambridge and even has a showroom in Harrods. It's a fascinating contrast, with the farm-fresh skincare alongside the prestige of piano restoration.

Financially, Herbfarmacy Ltd presents a mixed picture. Current assets have decreased by 1.3% to £74,000, while net assets have plummeted 24% to -£130,000. Bank borrowings have increased significantly, reaching £23,000, and cash reserves have fallen dramatically by 97% to just £150. Creditors have also increased by 40% to £75,000. The company’s small size (meeting two of three criteria for being considered small) allows for flexibility, but the sharp decline in equity is concerning. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

The increase in bank borrowings and decrease in cash reserves could indicate the company is burning through money, perhaps investing in growth or facing unexpected expenses. It’s possible the dual business model—skincare and pianos—is creating financial strain, or that the company is simply navigating the challenges of a small business.

Registered in England/Wales under the registration number 08311838, with a registered address at HR3 6NB, Hereford, Herefordshire, The Field, Eardisley.

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