Uk Hempcrete Ltd

Uk Hempcrete Ltd, based in Derby, UK, is a small, active company founded nine years ago in December 2015. It’s a solo venture, with one director and owner – Sparrow Alex – and a single employee. The company holds £63,565 in assets and operates from a real address shared with Vibrant Accountancy. It runs an e-commerce site and regularly imports stone, plaster, cement, and similar material products, with 13 months of import activity recorded up to February 2025.

The company's focus is on hempcrete, a sustainable building material, and its website suggests involvement in construction and installation. It’s also linked to Unyte Bioconstruct Ltd, indicating potential diversification or related ventures. While the exact nature of its operations isn’s entirely clear, the company seems to be involved in the supply and potentially the application of eco-friendly building materials.

Financially, Uk Hempcrete Ltd shows some concerning trends. Current assets decreased by 7%, reaching £64,000, while net assets dropped by 180%, resulting in a negative equity of £1,100. Cash reserves increased by 14%, reaching £34,000, but bank borrowings also increased by 34%, reaching £6,000. Trade debtors rose significantly by 95%, suggesting a reliance on customer payments. Creditors decreased by 9.3%, which is a good sign. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

In short, Uk Hempcrete Ltd is facing financial headwinds despite its focus on a growing market. The increase in debtors and the negative equity are worrying signs, but the increased cash reserves suggest the company is still managing to generate some income. It's a small operation, and its future hinges on its ability to manage its finances and capitalize on the demand for sustainable building materials.

Registered in England/Wales under the registration number 09920224, with a registered address at DE1 3HB, England, Derby, C/O Vibrant Accountancy, The Mill, Lodge Lane.

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