Nad Lab Uk Ltd

NAD Lab Uk Ltd, based in Stockton-On-Tees, UK, is a small, active company founded five years ago. It holds £154,021 in assets and operates from a real address, managed by one director and two owners. A family business with a perfect 5.0 Google rating (based on one review), NAD Lab Uk Ltd is a regular importer of organic chemicals, having imported for eight months, with the last import operation in November 2022. The company primarily operates in the retail sale via mail order houses or via internet industries.

The company’s website, nadlab.uk, is currently closed. A regulatory update on NMN (a supplement ingredient) explains the closure, citing EFSA and UK regulations requiring an authorisation process before market placement. NAD Lab Uk Ltd is undergoing this process, hoping to offer these products again, potentially by the end of 2023 or 2024. Contact information and a signup form for updates are provided.

Financially, NAD Lab Uk Ltd presents a mixed picture. Current assets have decreased by 9.8% to £150,000, while net current assets have fallen by 8.9% to £140,000. Bank borrowings have seen a significant decrease of 52%, dropping to £9,100, and cash bank on hand has increased dramatically by 880% to £110,000. Creditors have also decreased by 52% to £9,100. The company’s small size – meeting two of three conditions to be classified as small – helps with agility, but the decrease in debtors is a little concerning. No auditor is mentioned, which is common for small companies. It seems like they are doing okay, but it’s worth keeping an eye on the debtors.

Registered in England/Wales under the registration number 12036641, with a registered address at TS17 9LT, England, Stockton-On-Tees, 64a Dukesway, Teesside Industrial Estate.

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