Hidden Spring Llp

Hidden Spring LLP, based in Heathfield, UK, is a small, active family business established nine years ago in 2015. It operates from a real address and is managed by two directors and two owners. The company has an e-commerce site and is an irregular importer, bringing in iron or steel products for two months, with the latest shipment arriving in June 2024. No specific industry codes were assigned.

The company’s website, Hidden Spring Vineyard, showcases a focus on fine Sussex wines. It offers a range of still and sparkling wines, including limited editions and gift options, with a "Grapetoglass" approach emphasizing onsite grape growing, handpicking, and bottling. The site highlights tasting experiences, vineyard tours, and special events, catering to wine enthusiasts and gift-givers. The website also features a unique "Here be Dragons" range of still and sparkling ros wines.

Financially, Hidden Spring LLP presents a mixed picture. Accumulated depreciation on plant and machinery increased by 18%, indicating investment in equipment, while cash bank on hand rose by 9.2% to £32,000. However, creditors surged by 58%, reaching £30,000, and debtors increased significantly by 95% to £170,000, suggesting potential issues with collecting payments. Despite these challenges, net assets grew by 8.3% to £870,000, and current assets rose by 23% to £430,000. 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 flexibility, but the rising debt levels warrant attention. As a small LLP, the accounts are unaudited, relying on director-reported data.

Registered in England/Wales under the registration number OC401517, with a registered address at TN21 0HG, England, Heathfield, Hidden Spring Vineyard Vines Cross Road, Horam.

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