Aspen Animal Health Ltd

Aspen Animal Health Ltd is a small, active company from Hemel Hempstead, UK, founded eight years ago. It's a family business employing just two people and holding £2,611,414 in assets. The company operates from a virtual address, with ninety-six other companies registered at the same location, and is overseen by two directors and two owners. Aspen Animal Health regularly imports clothing and accessories made by knitting or crocheting (22 months of imports) and exports headgear and accessories (8 months of exports). It’s also involved in the manufacture of prepared feeds for farm animals.

The company’s website, Aspen Veterinary Resources, showcases a focus on animal health products, particularly offering protection solutions like "No Muck" coveralls and veterinary medications like Dexasone. It also highlights OptiCalc 50, a calcium supplement for livestock. The website emphasizes a commitment to quality and customer service, with a dedicated section for catalogs and safety data sheets. It’s clear that Aspen Animal Health is focused on providing solutions for animal care, with a strong emphasis on both preventative measures and treatment options.

Financially, Aspen Animal Health Ltd’s report reveals some concerning trends. While cash reserves increased by a substantial 150% to £540,000, current assets dropped by 33% to £2,500,000. Trade creditors also decreased by 3.2%, suggesting better debt management, but bank borrowings surged by 2,400%, reaching £29,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp drop in net assets – falling 30% to £300,000 – raises questions. The company is exempt from an audit, so the figures are unaudited.

It's possible the company is investing heavily in inventory or expanding its operations, which could explain the increased borrowing and lower current assets. However, without more information, it’s difficult to say for sure. The company's focus on both imports and exports, combined with its family-run nature, suggests a resilient business model—but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 10356850, with a registered address at HP2 7TE, England, Hemel Hempstead, Hertfordshire, 4 Grovelands Boundary Way.

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