Herbal Marketing Ltd

Herbal Marketing Ltd from Glasgow UK: small company, active status, founded 10 years ago, 1 employee, £198,412 assets, real address, 2 directors, 1 owner. Irregular importer of pharmaceutical products (2 months imported). 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, employees less than 50. The last reported current assets is £198,412. The company operates in the other retail sale in non-specialised stores industries. Officially, it has one owner or PSCs, two directors, and one employee.

While the company’s website is currently unavailable, its business model appears to focus on retail sales. It's unclear if the company operates an e-commerce site or relies on other sales channels. Given the lack of a functioning website, it's difficult to assess the extent of its online presence or customer engagement.

Financially, Herbal Marketing Ltd presents a mixed picture. Cash reserves have declined significantly, falling 76% to just £6,700. Bank borrowings have increased by 2,400%, reaching £60,000, which could indicate a need for external funding or increased credit utilization. Creditors have also risen dramatically, increasing 1500% to £65,000, suggesting potential challenges in managing short-term liabilities. However, debtors have also increased by 89%, which may be a positive sign of increased sales. The company’s small size helps it stay agile, but the sharp decline in cash and the rise in debt raise concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company is an irregular importer, with its top import category being Pharmaceutical Products, totaling 2 months of imports. The last import operation was conducted on July 01, 2023. It’s a bit odd that a retail company is importing pharmaceuticals, but it could be a specialized niche or a temporary venture.

Registered in Scotland under the registration number SC494087, with a registered address at G41 3JA, Glasgow, 145 Kilmarnock Road.

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