Sapling Spirits Ltd

Sapling Spirits Ltd, based in London, UK, is a small, active company founded seven years ago in 2018. With five employees and £954,418 in assets, it operates from a real address and is led by four directors and two owners. The company runs an e-commerce site, selling its spirits directly to consumers. It’s an irregular importer of glass and glassware, with two months of import activity recorded, and an irregular exporter of drinks, alcohol, and vinegar, with two months of export activity.

The company’s website, Sapling Spirits, focuses on sustainable and climate-positive spirits. It offers a range of products, including vodka, gin, and flavored vodka, emphasizing eco-friendly practices and a commitment to planting a tree for every bottle sold. The website also features a "Tree Tracker" allowing customers to discover the story behind the tree planted with their purchase. It's a nice touch, really.

Financially, Sapling Spirits Ltd shows some interesting trends. Creditors have jumped significantly, increasing by 120%, while cash reserves have fallen 21%. Bank borrowings have also risen dramatically, increasing by 2,300%. Despite these challenges, trade debtors have increased by 12%, suggesting improved customer payments. 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 increased debt levels warrant attention. There’s no auditor mentioned, likely due to its small size and exemption from an audit.

Overall, Sapling Spirits Ltd appears to be a growing company with a strong brand identity and a commitment to sustainability. However, the recent increase in debt levels suggests that it may be burning through cash, and it will be interesting to see how it manages its finances in the coming months.

Registered in England/Wales under the registration number 11266941, with a registered address at E1 5JL, England, London, Second Home, 68 Hanbury Street.

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