Crystallized Nectar Ltd

Crystallized Nectar Ltd is a small, active company based in Bury St. Edmunds, UK, founded three years ago in 2021. Employing just two people, the company operates from a virtual address—shared by 196 other businesses—and is overseen by two directors and a single owner. It runs an e-commerce site specializing in smoking accessories, including bongs, vapes, and CBD products, catering to a mature audience with a clear age restriction on its website. The company is an irregular importer, bringing in glass and glassware for just one month in 2023.

The website, Crystallized Nectar, presents a wide array of products, from rolling papers and pipes to dab rigs and vaporizers. It emphasizes quality and caters to a niche market, offering branded merchandise and accessories alongside its core smoking products. The site's design is modern and visually appealing, with a focus on high-quality product photography and detailed descriptions. It's clear the company is targeting a specific demographic interested in premium smoking experiences.

Financially, Crystallized Nectar Ltd is facing some challenges. Cash bank on hand has fallen by 20% to £1,300, and net assets have plummeted 59% to -£75,000. Creditors have significantly increased by 56% to £76,000, and loans from directors have also risen by 56% to £76,000. While the company meets the criteria for a small business—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—the sharp decline in equity is concerning. There's no auditor mentioned, which is common for small, exempt companies. The company’s retained earnings and accumulated losses are also in the negative.

Despite these financial pressures, Crystallized Nectar Ltd appears to be maintaining a strong online presence and catering to a dedicated customer base. Whether it can overcome its financial difficulties and sustain its growth remains to be seen, but its focus on a niche market and commitment to quality could give it an edge.

Registered in England/Wales under the registration number 13608659, with a registered address at IP28 7DE, England, Bury St. Edmunds, Suffolk, 82a James Carter Road, Mildenhall.

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