Napiers Bathgate Cic

Napiers Bathgate CIC, based in Bathgate, UK, is a small, active company founded seven years ago. With eight employees and £34,809 in assets, it operates as a community interest company, boasting a stellar 5.0 Google rating from 14 reviews. Owned and managed by Burns Nicola, who also serves as director, the company runs an e-commerce site and real-world store offering herbal medicine, natural supplements, health food, and zero-waste refills. It’s a solo founder operation with a real address, and has previously been known as Napiers Bathgate Ltd.

The company’s website, Bathgate Herbals, highlights its commitment to health and wellbeing, offering herbal consultations, a dispensary, and a range of talks and events for the local community. It also provides organic fruit, vegetables, and eggs, emphasizing local sourcing and plastic reduction. The site clearly positions itself as a hub for natural health solutions, catering to both online and in-store customers.

Financially, Napiers Bathgate CIC shows some concerning trends. While average employees decreased by 50% to just four, cash bank on hand dropped 35% to £12,000. Current assets also saw a significant decline of 43%, falling to £35,000. Trade debtors, however, decreased by 13%, suggesting improved collection efforts. Liabilities also decreased, but the overall picture indicates a company burning through cash. The company meets two of three conditions to be considered small, with turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned is likely due to its small size.

Despite the financial pressures, Napiers Bathgate CIC maintains a strong community focus and positive customer reviews. Whether it can sustain its current trajectory remains to be seen, but its commitment to natural health and local sourcing provides a solid foundation.

Registered in Scotland under the registration number SC588770, with a registered address at EH48 1PD, Scotland, Bathgate, 62 George Street.

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