Cbdsupplyuk.co.uk Ltd

Cbdsupplyuk Uk Co Ltd from Glasgow UK is a small, active company founded four years ago. It operates as an e-commerce site with a stellar 5.0 Google rating from 14 reviews, employing just one person and managed by a solo founder who is also the director and owner. The company’s registered address is a virtual one, shared by 133 other businesses.

The company specializes in retail sales via mail order and the internet, offering a wide range of CBD products – over 750, according to its website – including oils, vape products, gummies, and skincare items. It features a diverse selection of brands, from 1CBD to ZenBears, catering to various budgets and preferences. The website also provides educational content on CBD, demonstrating a commitment to customer understanding.

Financially, Cbdsupplyuk Uk Co Ltd shows some concerning trends. Cash bank on hand has fallen sharply, dropping 68% to just £1,000. Retained earnings and accumulated losses have also worsened, declining 11% to -£18,000. Net current assets and total assets less current liabilities are also negative, sitting at -£18,000. Creditors have remained relatively stable, however, decreasing just 2.2% to £19,000. The company meets two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned is likely due to the company's small size and exemption from audit requirements.

While the company boasts a strong online presence and positive customer reviews, the declining financial metrics suggest it may be burning through cash. It’s possible the company is reinvesting heavily in marketing or inventory to fuel growth, but the sharp drop in cash reserves warrants close monitoring.

Registered in Scotland under the registration number SC661054, with a registered address at G51 1PR, United Kingdom, Glasgow, Ground Floor (Part) Unit 8000 Academy Business Park, 51 Gower Street.

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