Little Spring Ltd

Little Spring Ltd, based in Corby, UK, is a small, active company established sixteen years ago in 2008. With just two employees and £84,478 in assets, it operates as a regular importer of furniture, lighting, and prefabricated buildings—the latest shipment arriving in November 2024. The company has a real registered address and is managed by two directors, with one owner, Hillis Thomas John. It also runs an e-commerce site, boasting a stellar 5.0 Google rating from one review.

The business specializes in the non-specialised wholesale trade, offering a wide range of homeware items and gifts. Its website showcases a diverse selection, from ceramics and ornaments to stationery and novelty items, catering to both retail and cash-and-carry customers. They even offer customised products and large discounts on bulk orders, encouraging wholesale purchases. The site also highlights a visit to the cash carry warehouse in the East Midlands and a presence at the NEC Autumn Fair in Birmingham.

Financially, Little Spring Ltd shows some concerning trends. Current assets decreased by 12% to £84,000, while net assets fell 17% to -£330,000. Bank borrowings decreased by 29%, and cash reserves plummeted 73% to £12,000. Creditors increased by 13%, suggesting a reliance on trade credit. The company's small size (meeting two of three conditions for a small company) helps with agility, but the significant equity decline raises questions. As a small company, it’s exempt from an audit, so the figures are unaudited.

While the e-commerce side appears to be doing well, the financial data suggests the company is burning through cash. Whether this is a temporary setback or a longer-term challenge remains to be seen, but Little Spring Ltd will need to find ways to improve its profitability to ensure its continued success.

Registered in England/Wales under the registration number 06633514, with a registered address at NN17 5ZB, England, Corby, Northamptonshire, Unit 17-18 Joseph House, Eismann Way Unit 17-18 Joseph House, Eismann Way.

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