Elite Nutrients Limited

Elite Nutrients Limited, based in London, UK, is a small, active company founded five years ago in 2019. With just two employees and £29,010 in assets, it’s a modest operation led by one director and two owners. The company operates an e-commerce site and specializes in retail sales via mail order and internet industries. It's an irregular importer, with its top import category being Drinks, Alcohol, and Vinegar, totaling one month of imports, the last operation conducted back in November 2020.

The company’s website, Elite Nutrients US, showcases a range of health packs and supplements, emphasizing plant-derived minerals and optimal health. It offers everything from multi-vitamins to blood glucose support, with a focus on absorption and bioavailability. The site highlights fast worldwide delivery, easy returns, and customer service excellence. They even have an affiliate program, encouraging collaboration.

Financially, Elite Nutrients Limited presents a mixed picture. Cash bank on hand increased significantly by 840% to £3,700, a positive sign. However, net current assets liabilities decreased by 35% to £6,400, and equity also dropped by 35% to £6,400. Creditors increased by 57% to £23,000, while debtors rose by 38% to £17,000. Inventories decreased by 29% to £8,200. The company meets two of three criteria to be considered small, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt as a small company, relying on unaudited financial statements.

Overall, Elite Nutrients Limited appears to be navigating a period of change. While cash reserves are up, the decrease in equity and increase in creditors suggests the company is burning through money. Whether this is a temporary setback or a longer-term trend remains to be seen, but the focus on online sales and plant-derived supplements gives it a solid foundation for future growth.

Registered in England/Wales under the registration number 12011593, with a registered address at SW7 4EF, United Kingdom, London, 142 Cromwell Road, International House.

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