No.1 Supplements Limited

No.1 Supplements Limited is a small, active company based in London, UK, established ten years ago in 2014. With just two employees and £1,153,904 in assets, it operates from a virtual address shared by 5,633 other companies, which is a bit odd. The company is led by one director, Alejandro Fresneda, although no owners are officially listed. It regularly imports “none” (a bit of a mystery!) and exports organic chemicals, with the latest export activity recorded in November 2024.

The company’s website isn't available, so it’s difficult to determine the exact nature of its online presence. It operates in the retail sale via mail order houses or via internet industries, suggesting a potential e-commerce focus, but without a website, it’s impossible to confirm.

Financially, No.1 Supplements Limited shows a mixed picture. Current assets increased by 8.3% to £1,200,000, while net assets also rose by 72% to £450,000. Bank borrowings increased significantly, reaching £41,000, and cash reserves grew by 170% to £590,000. Creditors decreased by 12%, indicating improved debt management. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The lack of an auditor is typical for a small company, and the figures are unaudited.

The sharp increase in cash reserves is a positive sign, but the rise in bank borrowings suggests the company may be investing in growth. The decrease in trade debtors by 72% is a bit concerning, potentially indicating slower customer payments or a change in credit policies. Overall, No.1 Supplements Limited appears to be financially stable, but it’s important to monitor these trends closely.

Registered in England/Wales under the registration number 09282512, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

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