Britvits Ltd

Britvits Ltd is a small, active company based in Salford, UK, founded six years ago in 2018. It employs just one person and is led by two directors, with Nikolajevs Andrejs as the sole owner and solo founder. The company operates from a real address, with only two other businesses registered at the same location. Britvits Ltd specializes in the retail sale of food, beverages, and tobacco products through various channels, including online and markets.

The company’s website, Britvits, is an e-commerce platform dedicated to vitamins and health supplements. It offers a wide range of products, from antioxidants to electrolytes, catering to various health needs. The site is well-organized, with clear categories, product descriptions, and a user-friendly interface. It also features a blog with health and wellness tips, further establishing its expertise in the field. The website is clearly designed for online sales, with a focus on product discovery and ease of purchase.

Financially, Britvits Ltd presents a mixed picture. While cash bank on hand increased slightly by 3.9% to £3,600, net assets decreased by 23% to -£3,600. Creditors increased significantly, both within one year (43%) and after one year (-26%). This suggests the company may be relying on credit to manage its operations. Property, plant, and equipment decreased by 15%, which could be due to depreciation or asset sales. 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 is a concern. The accounts are abridged and unaudited, and the company is exempt from an audit.

Overall, Britvits Ltd appears to be a small, online-focused business navigating the challenges of growth. The company’s reliance on credit and the decline in equity suggest it’s burning through money, but the active status and well-maintained website indicate a continued effort to generate sales.

Registered in England/Wales under the registration number 11449163, with a registered address at M7 4GH, United Kingdom, Salford, 37 Green View.

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