The London Herb Company Ltd

The London Herb Company Ltd from Dorking UK: a small, active company founded six years ago, employs 21 people, and operates from a virtual address. It has three directors and three owners, and boasts a perfect 5.0 Google rating based on one review. The company regularly imports oil seeds and fruits used for oil, with recent activity recorded just four months ago.

The company’s core business appears to be the wholesale of fruit and vegetables, operating in a competitive market. While no website was provided, this suggests a B2B focus, likely supplying retailers or food service providers. It’s probable the company relies on direct sales and industry contacts rather than a consumer-facing online store.

Financially, The London Herb Company Ltd presents a mixed picture. While cash on hand has doubled to £88,000, creditors have increased by 23% to £1.6 million, and debtors have risen by 17% to £1.6 million. Equity, however, has remained stagnant at £150, and net assets have declined by 14% to £240,000. Finished goods have increased by a substantial 240% to £27,000, suggesting a build-up of inventory. Property, plant, and equipment have also fluctuated, with motor cars increasing by 110% but plant and machinery decreasing by 46%. The company meets the criteria for a small business, with turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned.

The increase in creditors and debtors could indicate a period of growth, but also potential cash flow challenges. The stagnant equity and declining net assets, however, raise concerns about the company’s long-term financial health. The substantial increase in finished goods may suggest an issue with sales or inventory management. It's possible the company is investing in its infrastructure, but the overall trend suggests a need for careful financial management.

Registered in England/Wales under the registration number 11566698, with a registered address at RH5 5NB, England, Dorking, Chenies, Okewood Hill.

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