Spirit Bridge Ltd

Spirit Bridge Ltd, based in Manchester, UK, is a small, active company founded four years ago. With four employees and £71,470 in assets, it’s a modest operation led by three directors and two owners. The company’s status is active. It operates in the distilling, rectifying and blending of spirits, and also offers management consultancy services.

While Spirit Bridge Ltd is an irregular importer, bringing in glass and glassware for two months, its core business revolves around exporting drinks, alcohol, and vinegar—a consistent activity spanning seven months. The company’s website highlights a specialized service: assisting brands in the spirits industry, from product development to production management, and even offering expertise in marketing and design. It caters to newcomers needing help, existing brands seeking streamlined production, and those wanting to produce small batches of bespoke spirits. The site emphasizes access to designers, bottling partners, legal assistance, and even logistics support.

Financially, Spirit Bridge Ltd presents a mixed picture. Cash reserves increased by a significant 140% to £27,000, which is good news, but current assets dropped by 38% to £71,000. Trade debtors have decreased substantially, falling 53% to £45,000, suggesting better collection of payments. However, creditors have increased dramatically, rising 130% to £100,000, and bank borrowings have also increased. Equity has taken a big hit, declining 140% to -£30,000. The company meets the criteria to be considered small, with turnover less than £10.2 million and assets under £5.1 million. There is no auditor mentioned, which is typical for small companies.

The sharp decline in equity and increase in creditors are concerning, suggesting the company may be burning through cash. However, the increase in cash reserves and decrease in trade debtors offer a glimmer of hope. Whether Spirit Bridge Ltd can sustain its growth and navigate these financial pressures remains to be seen.

Registered in England/Wales under the registration number 12902942, with a registered address at M4 7DB, England, Manchester, 269 Fabrica (1.03) Great Ancoats Street.

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