710 Labs Ltd

710 Labs Ltd is a small, active company based in Brighton, UK, founded three years ago in June 2021. The company, with a virtual address and just £16,785 in assets, is run by a solo founder, director, and owner, Mann Jamie Alan. It operates in the agents involved in the sale of a variety of goods, the retail sale via mail order houses or via internet industries.

The company's website, 710 Labs, is a vibrant online platform dedicated to cannabis genetics and related products. It requires visitors to verify they are 21 or older, and features a range of products including genetics, apparel, and accessories. The site also offers educational resources like "710 Labs EDU," covering topics like batch pricing, living soil, and pheno hunting, alongside a store locator and support section. It's clearly focused on a niche market and emphasizes quality and expertise.

Financially, 710 Labs Ltd presents a mixed picture. Cash reserves have seen a remarkable surge, increasing by 2,400% to reach £15,000, a positive sign of improved liquidity. However, net assets have significantly declined by 190%, falling to £13,000, and net losses deepened to -£38,000. Trade debtors have also increased substantially, rising by 1,500% to £1,900, which could indicate delayed payments. Despite these challenges, creditors have decreased by 60%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants attention. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, 710 Labs Ltd appears to be a dynamic, albeit financially stressed, startup. The company’s focus on a specialized market and educational content suggests a long-term vision, but it needs to address its losses and manage its debtors to ensure sustainability.

Registered in England/Wales under the registration number 13438408, with a registered address at BN1 1AL, England, Brighton, 15-17 Middle Street.

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