Medsaffordable Essentials Ltd

Medsaffordable Essentials Ltd is a small, active company based in London, UK, founded two years ago in February 2023. It’s a solo founder operation with one director and owner, boasting a perfect 5.0 Google rating from a single review. The company operates from a real address and meets two of the three criteria to be considered small: turnover under £10.2 million and balance sheet total under £5.1 million, with fewer than 50 employees.

The company’s website, Medsaffordable Essentials LTD, is an online shop specializing in "affordable essentials." It features products across two categories: Beauty (including Medix Vitamin C Body Lotion and Advanced Clinicals serums) and Pets (offering a Webbox Dog Delight variety pack). The site highlights key selling points like debit/credit card acceptance, 24/7 availability, Black-owned status, affordable prices, fast delivery, and free consultation. A single review praises the "great service."

Financially, Medsaffordable Essentials Ltd presents a mixed picture. Cash on hand increased to £2,900, a positive sign, but net assets and liabilities remain at just £1,200. Loans from directors rose to £1,400, and creditors are at £1,600, suggesting a reliance on external funding. Despite this, creditors are slightly down, which is good. The company's accounts are "filleted" and unaudited, a common practice for small entities. It’s important to note that the company has no employees reported.

While the business appears to be active and well-reviewed online, the financial data suggests it’s operating on a tight budget. The increase in loans from directors and reliance on external credit could indicate a startup phase, but the lack of employee growth is a little unusual. It’s likely the company is still finding its feet and navigating the challenges of building a small business.

Registered in England/Wales under the registration number 14662009, with a registered address at EC2 4NE, United Kingdom, London, 86-90 Paul Street 86-90 Paul Street.

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