Equi Botanics Limited

Equi Botanics Limited is a small, active company based in London, UK, founded eight years ago in 2016. It’s a solo founder operation with one director and owner, Nnene Ekwutosi, and holds just £5,612 in assets. The company operates from a virtual address, registered at W1W 7LT, which is shared by 652 other companies. It runs an e-commerce site specializing in vegan hair products, targeting customers seeking healthier and stronger hair.

The website showcases a range of products, including hair care bundles, gift cards, and individual treatments like the Black Seed Hair Oil Elixir and Marula Oil Leave-in Conditioner. It emphasizes natural, handpicked vegan ingredients like Daikon Radish Oil and Broccoli Seed Oil, highlighting their benefits for hair growth, softness, and strength. The site also features a hair quiz to personalize product recommendations and a blog offering advice on hair care and growth.

Financially, Equi Botanics Limited shows a mixed picture. Current assets have fallen by 27% to £5,600, and net assets are down 6.9% to -£210,000. Bank borrowings have decreased by 36% to £10,000, while cash reserves have increased by 18% to £870. Creditors have also decreased by 20% to £170,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to be nimble, but the decline in equity is concerning. The accounts are unaudited and prepared under FRS 102, and no auditor is mentioned.

While the e-commerce site appears active and well-reviewed, the financials suggest the company may be burning through cash. Whether the solo founder can sustain the business and turn a profit remains to be seen.

Registered in England/Wales under the registration number 10160045, with a registered address at W1W 7LT, United Kingdom, London, 85 Great Portland Street.

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