Cultech Ltd

Cultech Ltd, based in Port Talbot, UK, is a large, family-run holding company with an active status. Established 31 years ago in 1994, the company employs 310 people and holds assets worth £24,539,969. It operates from a real address and is overseen by two directors and three owners. The business regularly imports and exports organic chemicals, with 722 months of import activity and 128 months of export activity recorded. Cultech’s website highlights its role as an innovator and premium manufacturer within the nutritional supplement industry, boasting over 30 years of experience and a focus on research, formulation, and production technologies.

The company’s core business involves contract manufacturing of nutritional supplements, offering formulation knowledge and manufacturing capabilities to the global supplements industry. Its website details the ability to produce specific formulations for individual customers using their own branding and designs, with a focus on quality assurance and GMP procedures. It also has brands like Proven Probiotics and LAB4 Probiotics.

Financially, Cultech Ltd presents a mixed picture. While current assets increased by 14% to £25 million, net assets decreased by 10% to £10 million. Bank borrowings decreased by 10% to £750,000, and cash reserves dropped by 61% to £480,000. Creditors increased by 13%, suggesting potentially increased short-term liabilities. The company meets two of three criteria to be considered large, with turnover over £36 million, balance sheet total over £18 million, and employees over 250. The unaudited accounts, reviewed by Azets Audit Services, show a significant decrease in accumulated amortisation impairment intangible assets, and depreciation impairment property plant equipment.

Despite the decrease in cash reserves, the company's strong focus on quality and its established position in the nutritional supplement industry suggest a resilient business. However, the increased reliance on bank borrowings and the decrease in equity warrant close monitoring. The company's continued success will likely depend on maintaining its reputation for innovation and adapting to changing market demands.

Registered in England/Wales under the registration number 02908777, with a registered address at SA12 7BZ, Port Talbot, W Glam, Unit 2 Christchurch Road, Baglan Industrial Estate.

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