No. 1 Thai Wellness Ltd

No. 1 Thai Wellness Ltd, based in Stanley, UK, is a small, active company founded three years ago. It employs just two people and holds £13,544 in assets, operating from a virtual address. With two directors and two owners, the business focuses on retail sale of cosmetic and toilet articles in specialised stores, and via online channels.

The company’s website showcases a range of health and beauty products, emphasizing wellbeing and organic materials. It offers skincare, aromatherapy oils, and herbal teas, catering to customers seeking a personalized approach to health. The site also features a blog with product information and health tips, encouraging customer engagement. The online store offers a variety of products, including massage guns, roselle tea, and aromatherapy essential oils, all available for purchase.

Financially, No. 1 Thai Wellness Ltd’s recent report reveals a mixed picture. Current assets decreased by 20% to £14,000, while net assets also fell by 15% to £12,000. Cash reserves declined by 8.6% to £13,000, and trade debtors plummeted by a significant 92% to just £25. On a more positive note, creditors decreased by 44%, suggesting improved debt management. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decline in equity raises questions. The report is unaudited, which is common for small companies, and no auditor is mentioned.

While the online store appears active and well-maintained, the financials suggest the company is facing some pressures. The decrease in assets and equity could be due to increased operating expenses or slower sales—but it’s also possible that the company is reinvesting in its business to drive future growth.

Registered in England/Wales under the registration number 13500519, with a registered address at DH9 0DQ, England, Stanley, 4 High Street.

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