Thespring Ltd

Thespring Ltd is a small, active company based in London, UK, founded six years ago in 2018. It operates in the retail sale of cosmetic and toilet articles, as well as other retail goods, and boasts a real address and a single director and owner – a solo founder. Despite this, the company’s accounts are two years overdue and its confirmation statement is a year late. Current assets are reported at just £1,812.

The Spring Arts and Heritage Centre, as it’s known, runs a variety of activities, including workshops, exhibitions, and a museum. Its website highlights events like "The Zoo That Comes To You" and book groups, and even offers a role-play area for children. The centre also has a cafe and bar, and is open to the public Monday to Saturday. It’s a vibrant hub for the local community, and seems to be doing a lot with a small footprint.

Financially, Thespring Ltd is showing some concerning trends. While it meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its equity is significantly negative at -£9,000. Cash on hand is a meager £92, and net assets are also negative. Trade debtors have increased, and creditors remain steady. The lack of employees (zero reported) suggests a very lean operation. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

It’s clear that Thespring Ltd is facing financial pressures, despite its community focus and diverse activities. Whether it can turn things around remains to be seen, but for now, it’s a story of a small organisation working hard against the odds.

Registered in England/Wales under the registration number 11633450, with a registered address at SE19 1TX, England, London, Flat 2 Westow Hill.

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