Jeunesse Global (europe) Limited
- Active
- Large
- Holding
- 14 years
- £1,882,744 (assets)
- £6,189,307 (revenue)
- Regular importer
- Irregular exporter
- Real address
- 2 directors
- 1 owner
- Runcorn
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Summary
Jeunesse Global Europe Ltd from Runcorn, UK, is a large holding company with an active status, established fourteen years ago in December 2010. The company boasts £1,882,744 in assets and a yearly revenue of £6,189,307. It operates from a real address, is overseen by two directors and has one owner. The company regularly imports essential oils and perfumes, with nine months of import activity, and irregularly exports electrical machinery and equipment, with just one month of export activity.
The company’s website, Velovita, highlights a focus on biohacking and wellness products, sold through a multi-level marketing model. It encourages potential partners to join and experience their “cutting-edge, effective” products, and even offers a referral system. The site showcases a wide range of products, including skin care, supplements, and technology enhancements, all marketed with a focus on youthfulness and vitality. The website also features a "VCloud Vibe App" and details on events and incentives, suggesting a strong emphasis on member engagement and rewards.
Financially, Jeunesse Global Europe Ltd shows some concerning trends. While turnover remains substantial, net assets have taken a hit, decreasing by 81% to £190,000. Cash reserves have also plummeted 8.6% to £120,000. Bank borrowings have increased significantly, rising by 2,400% to £29,000. Creditors have decreased by 64%, which could indicate better management of short-term debts. The company's large size, meeting two of three criteria for a large company, suggests it has the resources to navigate these challenges. The lack of an auditor mentioned implies the figures are unaudited.
Overall, Jeunesse Global Europe Ltd appears to be a sizable operation facing some financial headwinds. The company's reliance on a multi-level marketing model and its focus on wellness products suggest a unique business strategy, but the declining asset base warrants close monitoring.
Registered in England/Wales under the registration number 07464371, with a registered address at WA7 4QX, England, Runcorn, Cheshire, Jeunesse Global (Europe) Limited C/O Accountants247 Ltd, Block 5, Room 5172, The Heath Business And Technical Park.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 2 years
- 75%+
-
Resident of United States
Managers
-
Individual
- 1 year
-
Resident of United Kingdom
-
Individual
- 3 years
-
Resident of Netherlands
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Full accounts made up to 2023-12-31Download 21 pages pdf report
-
Confirmation statement made on 2024-12-10 with no updatesDownload 3 pages pdf report
-
Previous accounting period shortened from 2023-12-30 to 2023-12-29Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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