The Hemp Collective Ltd

The Hemp Collective Ltd is a small, active company based in Brighton, UK, founded six years ago in 2018. It holds just £1,850 in assets and operates from a real address at 11a Jew Street, BN1 1UT. The company has three directors and three owners, though the list of owners isn’s exhaustive.

The Hemp Collective Ltd specializes in the retail sale of food in specialised stores, as well as mail order and internet sales. It’s a small company, meeting two of three criteria: turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees. The company’s website is currently unavailable, making it difficult to assess its online presence and e-commerce activities.

Financially, The Hemp Collective Ltd’s recent accounts reveal a mixed picture. Creditors have increased significantly, rising by 140% to £4,900, while bank borrowings have decreased by 13% to £690. Net assets and liabilities have remained relatively stable, both at -£17,000. Cash reserves have also remained unchanged at £1,800. Trade debtors have increased by 890%, which could indicate a delay in customer payments. The company’s small size means it’s exempt from an audit, and the accounts are unaudited.

Overall, The Hemp Collective Ltd appears to be navigating a challenging financial landscape. The increase in creditors and the decrease in cash reserves suggest potential strain, but the company’s small size and agile structure may help it weather these pressures.

Registered in England/Wales under the registration number 11523951, with a registered address at BN1 1UT, England, Brighton, East Sussex, 11a Jew Street.

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