Ilex Health Products Ltd

Ilex Health Products Ltd, based in Northampton, UK, is a small holding company with an active status, established 17 years ago. Employing eight people and holding £131,949 in assets, it operates from a real address and is overseen by seven directors and one owner. The company irregularly imports paper and paperboard products (one month imported) and exports miscellaneous chemical products (one month exported).

Ilex Health Products Ltd specializes in skincare solutions, primarily focused on treating nappy rash and severe skin conditions. Its website highlights a single product, iLEX Barrier Cream, currently unavailable but with a registration option for notifications. The company caters to both baby and adult skin protection, offering products for everyday skincare and medical treatments. It also serves healthcare professionals and pharmacies, with prescriptions available. The website boasts a range of sizes and locations, including the UK, Ireland, Europe, Australia, Israel, South Africa, New Zealand, and the USA.

Financially, Ilex Health Products Ltd shows a concerning trend. Current assets have significantly decreased by 49%, falling to £130,000, while net assets have plummeted an astonishing 87%, dropping to just £30,000. Bank borrowings have risen dramatically, and cash reserves have fallen sharply. Creditors have increased substantially, suggesting a potential strain on the company’s ability to manage its debts. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size.

The sharp decline in equity and the increase in creditors raise questions about the company's financial health. While the product enjoys a niche market and positive reviews, the financial data suggest it is burning through money. It’s possible the company is reinvesting heavily in marketing or product development, but the lack of information makes it difficult to determine the underlying cause.

Registered in England/Wales under the registration number 06348778, with a registered address at NN3 6WL, Northampton, Northamptonshire, Unit 2 Brookfield, Duncan Close, Moulton Park.

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