Astorn Ltd

Astorn Ltd, based in Southampton, UK, is a small, active company founded seven years ago in January 2018. With a single employee and £102,196 in assets, it’s a solo-founded operation led by one director and owner. The company operates from a real address and regularly imports toys, games, and sports equipment – a trend spanning 15 months, with the most recent import occurring in November 2024. It also exports these same products, though less frequently, with just two months of export activity recorded as of October 2021.

The company’s website reveals a much larger operation than its size suggests. Astorn Ltd is a Sri Lankan-owned business specializing in the development, manufacture, import, and marketing of quality healthcare products. It boasts a wide range of brands across pharmaceuticals, nutrition, healing herbs, personal care, animal health, and even a dedicated “Optipet” division. The website emphasizes a commitment to quality, innovation, and sustainability, highlighting its manufacturing plant established in 1956 – the first of its kind in Sri Lanka. It also mentions a focus on research and development, state-of-the-art technology, and adherence to international health standards. There's a lot going on, really.

Financially, Astorn Ltd presents a mixed picture. Cash bank on hand has fallen significantly, dropping 50% to £6,100. Current assets have also decreased by 9%, settling at £100,000. Trade creditors have increased substantially, rising 52% to £140,000. While bank borrowings have increased slightly, it's the decline in cash and the rise in creditors that stand out. The company's small size – meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees – means it’s exempt from an audit, so the figures are unaudited. It’s a bit concerning that equity has also plummeted, with retained earnings and accumulated losses now at -£60,000.

Overall, Astorn Ltd seems to be facing some financial headwinds, despite its impressive product range and international reach. The company is clearly trying to grow, but it needs to manage its debts and cash flow more effectively to ensure long-term sustainability.

Registered in England/Wales under the registration number 11158831, with a registered address at SO15 1GA, England, Southampton, Hampshire, 39-49 Commercial Road, First Floor, Oceana House,.

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