Finest Health Supplies Ltd
- Small
- Active
- 8 years
- 2 employees
- £255,391 (assets)
- Real address
- 2 directors
- 3 owners
- Regular importer
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Finest Health Supplies Ltd is a small, active company based in Gateshead, UK, established eight years ago in 2016. The company employs just two people and holds £255,391 in assets, operating from a real address at A6 Kingfisher House. With two directors and three owners, it’s a relatively compact operation. Finest Health Supplies Ltd regularly imports miscellaneous chemical products, with three months of import activity recorded, the latest on November 1, 2024.
The company’s website, finesthealthproducts.co.uk, showcases a range of natural and healthy products designed to enhance wellbeing. It’s clear the business operates primarily as an e-commerce platform, selling products like pure honey, cacao tablets, and herbal syrups. The site highlights FDA approval, DTI registration, and lab testing, emphasizing quality and safety. The website also features a blog and contact information, and actively promotes its products on platforms like Shopee, Lazada, and TikTok. The website's design suggests a focus on natural remedies and healthy living, with a particular emphasis on products sourced from the Philippines.
Financially, Finest Health Supplies Ltd presents a mixed picture. While current assets have decreased by 7.5% to £260,000, debtors have increased significantly by 79% to £200,000—a positive sign of increased sales. However, cash reserves have plummeted 73% to just £41,000, and bank borrowings have remained steady at £22,000. The company’s small size (meeting two of three conditions for being classified as small) helps it maintain flexibility, but the decrease in cash warrants attention. Creditors have also decreased, which is a good sign. The company’s unaudited accounts, prepared using VT Final Accounts software, are exempt from an audit due to its small size.
Overall, Finest Health Supplies Ltd appears to be navigating a period of change. While sales are increasing, the company needs to manage its cash flow effectively to ensure long-term sustainability. The reliance on e-commerce and the focus on natural health products suggest a niche market strategy, but the fluctuating financials indicate a need for careful monitoring and potentially, adjustments to its business model.
Registered in England/Wales under the registration number 10285574, with a registered address at NE11 0JQ, United Kingdom, Gateshead, A6 Kingfisher House.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 3 years
- 4
- 25%+
-
Resident of United Kingdom
-
Individual
- 5 years
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- 8 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
- 4
-
Resident of United Kingdom
-
Individual
- 8 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Total exemption full accounts made up to 2024-03-31Download 7 pages pdf report
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Confirmation statement made on 2024-06-14 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-03-31Download 11 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Finest Health Supplies Ltd
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