Lifelab Testing Limited

Lifelab Testing Ltd, based in Castle Donington, UK, is a small holding company with an active status. Founded seven years ago in 2017, it holds £105,072 in assets and operates from a real address. The company is led by three directors and owned by one individual. It runs an e-commerce site and enjoys a Google rating of 4.0 based on 80 reviews.

The company operates in the retail sale via mail order houses or via internet industries. Its website, Food Intolerance Test and Health Test Provider, focuses on providing food intolerance and health tests, offering a range of kits including Coeliac tests, Prostate Health tests, and Iron Deficiency tests. The site emphasizes fast results, 24/7 support, and expert scientific backing, with testimonials from celebrities and fitness professionals. The website also highlights a team of qualified experts, including a functional medicine practitioner and a registered nutritionist.

Financially, Lifelab Testing Ltd’s recent report shows some concerning trends. Cash bank on hand has plummeted by a massive 98%, dropping to just £1,000. Current assets have also decreased significantly, falling 49% to £110,000. Trade debtors have shrunk by 53%, suggesting difficulties in collecting payments. However, creditors have also decreased by 27%, indicating improved debt management. Equity has decreased by 3.2%, and net assets have also fallen by 3.2%. While the company meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the sharp decline in cash reserves and assets raises questions about its financial health. The report doesn't mention an auditor, which is likely due to its small size and exemption from an audit. It seems that the company is facing some financial pressures, but its strong online presence and focus on specialized health testing could help it weather the storm.

Registered in England/Wales under the registration number 11011268, with a registered address at DE74 2PY, England, Castle Donington, Derbyshire, Unit 1a Bonington Complex, Trent Lane.

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