Csn Formulations Ltd

CSN Formulations Ltd, based in Cardiff, UK, is a small, active company founded three years ago. Despite a real address and a single director and owner – solo founder Marc Robinson – the business faces some financial challenges. Currently holding £139,832 in assets and employing three people, it operates an e-commerce site selling sports supplements and bodybuilding products. It’s an irregular exporter, with its top export category being miscellaneous food products, last exporting two months ago in September 2023.

The CSN Supplements website showcases a wide range of protein powders, creatine, vitamins, and other performance-enhancing products. It emphasizes free shipping on orders over £49.99 and features a blog with articles related to fitness and nutrition. The site also highlights brands like PER4M, Optimum Nutrition, and Strom Sports Nutrition, indicating a focus on established supplement providers. The business operates in the non-specialised wholesale trade, other retail sale of food in specialised stores, and retail sale via mail order houses or via internet.

Financially, CSN Formulations Ltd presents a mixed picture. While cash reserves have skyrocketed by an impressive 240,000%, reaching £73,000, net assets have taken a significant hit, dropping 4000% to £24,000. Liabilities have also increased substantially, with creditors jumping 490% to £150,000. Trade debtors have risen sharply, too, increasing by 3200%. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible, but the decrease in equity is a cause for concern. With no auditor mentioned, the figures are unaudited.

It seems CSN Formulations Ltd is experiencing a period of rapid growth, but it's also burning through cash. The increased liabilities suggest a need to manage debt more effectively. Whether this is a temporary phase or a longer-term trend remains to be seen, but the company's focus on e-commerce and established brands positions it well for continued success.

Registered in England/Wales under the registration number 13502473, with a registered address at CF3 2ET, Wales, Cardiff, Unit 26 Waterside Business Park, Lamby Way.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.