I Love My Pets Ltd
- Small
- Active
- 4 years
- 4 employees
- £3,389,376 (assets)
- Real address
- 2 directors
- 1 owner
- 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
Summary
I Love My Pets Ltd is a small, active company based in Great Yarmouth, UK, founded four years ago in 2021. With £3,389,376 in assets and a real registered address, it’s a family-run operation with two directors and one owner, Brierley Stephen. The company employs four people and operates in the wholesale of grain, unmanufactured tobacco, seeds and animal feeds. It’s a regular importer, with its top import category being Animal feed and food waste, totaling 10 months of imports, the latest being February 01, 2025.
The company’s website, ilovemypet.com, is centered around a subscription box service for dog and cat treats. Customers can build their own boxes, selecting from a variety of unique and scrumptious recipes. The site emphasizes rawhide-free treats, natural ingredients, and plastic-free packaging – aiming to be plastic-free by the end of 2023. The website also highlights customer testimonials and social media posts, showcasing the popularity of its products and the positive feedback from furry friends. It’s a well-designed site, with a clear focus on e-commerce and building a loyal customer base.
Financially, I Love My Pets Ltd shows some concerning trends. While cash reserves increased by a healthy 110% to £35,000, other key figures paint a more complex picture. Creditors jumped significantly, rising 240% to £360,000, suggesting increased reliance on trade credit. Bank borrowings also increased, rising by 34% to £19,000. Interestingly, debtors decreased by 17%, which could mean quicker payments from customers, or a decrease in credit sales. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the increase in liabilities raises questions about its long-term financial stability. With no auditor mentioned, the figures are unaudited.
Overall, I Love My Pets Ltd appears to be a growing business with a strong online presence and a focus on natural pet treats. However, the rising liabilities suggest that it may be burning through money faster than it’s generating revenue – a common challenge for startups. It’s a tightrope walk between growth and financial prudence, and only time will tell if the company can maintain its momentum.
Registered in England/Wales under the registration number 13404734, with a registered address at NR31 9FU, England, Great Yarmouth, 4 Howard's Way, Bradwell.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 4 years
- 1
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
- 1
-
Resident of United Kingdom
-
Individual
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
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Confirmation statement made on 2025-05-16 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-06-30Download 8 pages pdf report
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Confirmation statement made on 2024-05-16 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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