Better Nature Ltd

Better Nature Ltd from London UK: a small, active company founded six years ago in 2018, employs seven people, and holds £1,212,628 in assets. It operates from a real address and is managed by six directors, though there are no owners officially reported. The company is an irregular importer, primarily bringing in miscellaneous food products, with the last import operation recorded one month ago in November 2023.

The company’s website, tempehbybetternature.com, showcases a range of tempeh products—organic, smoky, Mediterranean, and BBQ—aimed at health-conscious consumers seeking high-protein, gut-friendly options. The site is clearly an e-commerce platform, with a focus on direct-to-consumer sales. It’s a very professional site with lots of customer testimonials.

Financially, Better Nature Ltd presents a mixed picture. Cash reserves have increased dramatically, jumping 780% to £770,000, a very positive sign. However, net assets have decreased by 46% to -£3.2 million, indicating accumulated losses. Bank borrowings have also decreased significantly, dropping 74% to £11,000, which is good. Creditors have increased by 380% to £280,000, suggesting a need to manage supplier payments. 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 substantial accumulated losses warrant attention. There’s no auditor mentioned, likely due to the company’s small size and exemption from an audit. The company’s accounts are unaudited.

Overall, Better Nature Ltd seems to be growing its sales and cash flow, but it’s also burning through money. Whether this is a temporary phase or a longer-term trend remains to be seen—but for now, the company is betting on its tempeh products and direct-to-consumer sales to achieve sustainable growth.

Registered in England/Wales under the registration number 11613856, with a registered address at E1 6PJ, England, London, Better Nature, House Of Creative, 225 Shoreditch High Street.

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