Hopcrop Ltd

Hopcrop Ltd from Sheffield UK: a small, active company founded twelve years ago, employs six people, and holds £238,234 in assets. It’s a real address with two directors and two owners, and a solo founder. The company operates an e-commerce site and boasts a stellar 5.0 Google rating from eight reviews. Hopcrop Ltd regularly imports various natural fibers, paper yarn, and fabrics made from paper yarn – a total of twenty-one months of import activity, with the last operation recorded in January 2025.

The company’s website, Ecothrive, is a specialist in living soil and organic growing supplies. It’s a well-designed site offering a wide range of products, including potting soil, amendments, irrigation systems, pots, and grow kits. The site caters to both houseplant enthusiasts and commercial growers, with educational blog content and lab services offered. It's a clear focus on high-quality, sustainable growing practices.

Financially, Hopcrop Ltd shows a mixed picture. While cash reserves increased by 11% to £43,000, net assets decreased by 30% to £120,000. Bank borrowings have increased significantly, rising by 2,400% to £24,000, and creditors have nearly doubled, reaching £100,000. Trade debtors also increased by 42% to £74,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the decline in equity and increased debt raise questions. The accounts are unaudited, as is typical for a small company, and there's no auditor mentioned.

The increase in bank borrowings and the significant rise in creditors suggest that Hopcrop Ltd is burning through money. It’s likely that the company is investing in its e-commerce platform and expanding its product range, but the financial numbers indicate a need for careful management. The company's focus on organic and sustainable growing practices, combined with its strong Google rating, gives it a solid foundation, but the financial pressures need to be addressed.

Registered in England/Wales under the registration number 08349093, with a registered address at S9 5AH, England, Sheffield, Project Works, Darnall Road.

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