Iulabs Ltd

Iulabs Ltd from Croydon UK: a small, active company founded three years ago, employs just one person, and holds £27,740 in assets. Operating from a virtual address, the company is led by a solo founder who also serves as director and owner. It runs an e-commerce site, selling natural supplement drinks.

The company’s website, iLabs, focuses on energy metabolism and joint health, offering a range of products including iMove for joint health, iProtect for immune support, and iVitalizer for energy. The site highlights its "SoluSmart" technology, claiming enhanced absorption and powerful blends of natural ingredients. It also features a science-backed webinar and blog content.

Financially, Iulabs Ltd presents a mixed picture. Accumulated amortisation impairment intangible assets increased significantly by 1200%, while cash bank on hand decreased by 84% to just £480. Current assets dropped by 52% to £28,000, and net current assets liabilities increased by 94% to -£120,000. Trade debtors decreased by 81%, and creditors increased by 24%. The company's small size—meeting two of three conditions for being classified as small—helps with agility, but the decline in equity and cash reserves suggests potential financial strain. No auditor is mentioned, which is typical for small, exempt companies.

It seems Iulabs Ltd is navigating the challenges of a growing e-commerce business. While its products and website appear well-developed, the financial data indicate a need for careful management of cash flow and debt.

Registered in England/Wales under the registration number 13879817, with a registered address at CR0 1JG, United Kingdom, Croydon, Surrey, 73 Park Lane.

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