G.r. Lane Health Products Limited

G.R. Lane Health Products Ltd from Gloucester UK is a sizable company, holding company, and currently active. Established sixty years ago in 1965, it employs 171 people and holds assets worth £14,805,175. Its yearly revenue is reported at £24,301,868. The company has a real address and is managed by eleven directors and one owner. It boasts a Google rating of 4.0 based on nine reviews. Regularly importing organic chemicals (58 months) and exporting pharmaceutical products (65 months), it’s a key player in the UK’s health and wellness sector.

The company operates as a thriving family business, combining over 90 years of experience with modern manufacturing capabilities. Its wide range of OTC medicines, food supplements, natural products, and confectionery are trusted around the world. Brands like Olbas, Jakemans, and Kalms are household names, and the company is actively expanding its portfolio. It’s also taking its global partnerships seriously, offering overseas activity support.

Financially, G.R. Lane Health Products Ltd shows a mixed picture. While assets remained relatively stable, accumulated amortisation of intangible assets decreased slightly, suggesting a write-off of some assets. Bank borrowings significantly decreased by 47%, which is a positive sign, but cash bank on hand also fell by 54%, indicating a need for careful cash flow management. Turnover revenue increased by a modest 4.4% to £24 million, and net assets decreased by 55% to £6 million. Staff costs increased by 19%, reflecting the company’s ongoing investment in its workforce. The company is exempt from presenting a cash flow statement, and the financial statements are unaudited.

Despite the challenges, G.R. Lane Health Products Ltd appears to be navigating a competitive market. The company’s focus on established brands and global partnerships suggests a strategy of steady growth and diversification. The decrease in bank borrowings is encouraging, but the decline in cash reserves warrants close monitoring. The absence of an auditor mentioned likely reflects its status as a small company, relying on internal financial controls.

Registered in England/Wales under the registration number 00843899, with a registered address at GL2 0GR, Gloucester, G.R. Lane Health Products Limi, Sisson Road.

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