Honilac Nutrition Limited

Honilac Nutrition Ltd from Enfield UK: a small, active company founded seven years ago, holds £1,239,265 in assets, and operates from a real address. It’s a solo-founder venture led by a single director and owner. The company is an irregular importer of miscellaneous food products, with just one month of import activity recorded as of March 2022.

The company's website showcases a range of infant nutrition products, including standard, advanced, and goat milk formulas, baby cereals, biscuits, and organic purees. It positions itself as a manufacturer and producer of various food items, emphasizing European production under the supervision of nutrition specialists. The site also highlights special formulas for expecting and nursing mothers, and antireflux formulas for babies. It’s a well-designed e-commerce site, with clear product descriptions, contact information, and a focus on customer service.

Financially, Honilac Nutrition Ltd presents a mixed picture. Cash bank on hand has fallen by a significant 80%, dropping to just £6,100. Creditors have increased substantially, rising 140% to £1,100,000. Current assets have doubled to £1,200,000, while trade debtors have also increased dramatically, up 140% to £1,200,000. Equity, however, remains relatively stable, with Retained Earnings increasing slightly to £130,000. 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 for flexibility, but the rise in debt is something to keep an eye on. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Honilac Nutrition Ltd seems to be navigating a period of growth, but with increased financial pressures. The company’s focus on infant nutrition and its online presence suggest a potential for continued success, but managing its debt will be key.

Registered in England/Wales under the registration number 11279987, with a registered address at EN3 7GD, England, Enfield, Vision 25- Innova Park, Electric Avenue, Enfield Vision 25- Innova Park, Electric Avenue.

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