Life Lab Ltd.

Life Lab Ltd from Burnley, UK, is a small holding company with an active status, established seventeen years ago in 2007. The company employs eighteen people and holds assets valued at £512,197. It operates from a real address and is managed by one director and one owner. A Google rating of 4.0 from 47 reviews suggests a positive customer experience, and the company runs an e-commerce site. Life Lab Ltd regularly imports and exports organic chemicals, with 145 months of import activity and 20 months of export activity.

The company’s website, LifeLab Supplements, showcases a wide range of sports supplements, vitamins, and healthcare products. It emphasizes quality ingredients, fast delivery, and excellent customer service. The site also features a "Spend and Save" loyalty program and offers bespoke supplement manufacturing services. The company’s blog provides informative content on various health and fitness topics.

Financially, Life Lab Ltd’s recent performance shows some concerning trends. While current assets increased by 15% to £510,000, net assets only increased slightly to £340,000. Bank borrowings decreased by 52% to £23,000, and cash reserves dropped by 27% to £74,000. Creditors increased by 27% to £350,000, and trade debtors rose by 14% to £120,000. 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 agility, but the increase in creditors could indicate a need for improved cash flow management. No auditor is mentioned, as the company is exempt from an audit as a small company. The company’s equity dropped slightly, which could be a sign of burning through cash. The decrease in cash reserves and the increase in creditors suggest the company is facing some financial pressure, but the increase in assets and trade debtors shows that the business is still growing.

Registered in England/Wales under the registration number 06310918, with a registered address at BB12 0AN, England, Burnley, Lancashire, Unit D Vision Park, Bell Way.

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