Health Shack Ltd

Health Shack Ltd from Wickham UK is a small company with an active status, founded five years ago in November 2019. It employs six people and holds £10,728 in assets, operating from a real address in Hampshire. The company is led by one director and one owner. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Health Shack Ltd operates in a diverse range of industries, including retail sale via mail order houses or via internet, unlicensed restaurants and cafes, physical well-being activities, and other retail sale in non-specialised stores. It’s a business with a lot of different aspects. The company's website, while not detailed, suggests a focus on retail and possibly wellness services, though it's hard to say exactly what they do.

Financially, Health Shack Ltd’s recent report paints a picture of a company struggling. Current assets have increased by a significant 190% to £11,000, which is good, but net assets have plummeted 370% to -£43,000—a worrying trend. Creditors have risen dramatically, increasing 140% to £65,000, and cash reserves have fallen 88% to just £52. Bank borrowings are also up, and the company’s equity is deeply in the negative. The company’s small size helps it remain flexible, but the decline in equity suggests it’s burning through money. There’s no auditor mentioned, which is common for small companies, so the figures are unaudited.

It’s clear Health Shack Ltd is facing challenges. The company's diverse business interests could be a strength, but they also require careful management. Whether the company can turn things around will depend on its ability to control costs and generate revenue.

Registered in England/Wales under the registration number 12337396, with a registered address at SO32 2HN, England, Wickham, Hampshire, Harolyn Harolyn, Frith Lane.

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