Hills Prospect Plc

Hills Prospect Plc, a Manchester-based company, is a sizable holding company with an active status, having operated for 23 years. Employing 182 people, the firm holds assets valued at £25,977,296. It operates a real address and is overseen by three directors and one owner. Hills Prospect runs an e-commerce site and regularly imports drinks, alcohol, and vinegar—a pattern spanning 94 months, with the most recent import in December 2024. Google users rate it 4.0 out of 5 based on 19 reviews.

The company’s website showcases a broad range of products, from champagne and wine to spirits, soft drinks, and snacks, catering to the on-trade sector. It's a wholesale distributor, offering a comprehensive selection for bars, restaurants, and other establishments. The site highlights partnerships, promotional videos, and even an app for easy online ordering.

Financially, Hills Prospect Plc’s recent report presents a mixed picture. While net assets increased by a substantial 68% to £18 million, indicating strengthened equity, cash reserves took a significant hit, dropping 68% to £1.9 million. Bank borrowings increased by 79%, reaching £14 million, and trade debtors saw a 30% rise to £3.8 million. Interestingly, creditors decreased by 21%, suggesting improved management of short-term liabilities. The company’s turnover fell by 27% to £45 million. Despite these challenges, the company appears to be meeting the criteria for a large company, having met two out of three conditions. The report was audited by Royce Peeling Green Limited. It's likely that the downturn in turnover reflects broader economic conditions impacting the hospitality sector. The increase in bank borrowings may be linked to investment in the e-commerce platform or expansion of product lines.

Registered in England/Wales under the registration number 04257011, with a registered address at M24 1SW, United Kingdom, Manchester, Lwc Drinks Ltd Greenside Way, Middleton.

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