Allclear Shungite Limited

Allclear Shungite Limited is a small, active company based in Truro, UK, founded just one year ago. With £1,220 in assets and a real registered address, it’s a family business run by two directors and three owners. The company operates in the retail sale via mail order houses or via internet industries.

The company's website, Allclear Shungite, showcases a range of shungite products – a mineral known for its purported healing and protective properties. The site emphasizes the mineral's natural origin and its use in various applications, from water filtration to aromatherapy. While the site doesn’s offer extensive details about the company’s operations, it does suggest a focus on direct-to-consumer sales and a commitment to sourcing authentic shungite.

Financially, Allclear Shungite Limited presents a mixed picture. Current assets are at £1,200, a slight increase from the previous year, but equity sits at a negative £5,700. This suggests the company is burning through cash, perhaps reinvesting heavily in inventory or marketing. Creditors have remained stable at £7,000, indicating consistent supplier relationships. 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 negative equity raises concerns about long-term sustainability. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

The company’s reliance on online sales and a niche product market presents both opportunities and challenges. While the demand for shungite may be growing, the company needs to carefully manage its cash flow and ensure its marketing efforts translate into profitable sales.

Registered in England/Wales under the registration number 14834076, with a registered address at TR2 4BH, United Kingdom, Truro, Cornwall, 9 Heron Close, Tresillian.

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