Highfern Limited

Highfern Limited is a small, active company based in Glasgow, UK, founded eleven years ago in 2013. With three employees and a real address at 109 Douglas Street, it’s managed by three directors and two owners. The company is a irregular importer of wood and wood products (one month of imports) and a regular exporter of drinks, alcohol, and vinegar (four months of exports). Its core business operates in the wholesale of wine, beer, spirits and other alcoholic beverages industries.

The company’s website showcases a portfolio of premium alcoholic beverages, including its own Angels’ Nectar Scotch Whisky, alongside imported brands like Langatun Swiss Single Malt Whisky, Strane Gin, and Cihuatn Rum. It functions as an online cellar door shop, selling directly to consumers and highlighting the unique stories behind each brand. The website also features a blog with recent product arrivals and suggestions.

Financially, Highfern Limited presents a mixed picture. While net assets remain at £140,613, there's a significant decline in cash bank on hand, dropping 31% to £2,600. Creditors have increased by 12% to £310,000, while debtors have decreased by 24% to £4,800. There’s also a 21% increase in accumulated losses, reaching -£140,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited. The increase in creditors, combined with the decrease in cash reserves, suggests the company is burning through money, but the directors are providing loans.

Registered in Scotland under the registration number SC457200, with a registered address at G2 4HB, Glasgow, 109 Douglas Street.

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