Nordic Supplements Limited

Nordic Supplements Limited is a small, active company based in Salford, UK, founded nine years ago in March 2016. With £600,546 in assets and a real registered address, it’s a relatively modest operation run by two directors and a single owner, Slade James. The company operates an e-commerce site specializing in nutritional supplements, particularly omega-3 fish oil products.

The website showcases a range of supplements, including liquid fish oils, capsules, and magnesium citrate tablets, all available for purchase online. Customers can choose between UK and Irish shipping options, and the site emphasizes customer support and a range of payment methods, including Apple Pay and Google Pay. It's clear Nordic Supplements is focused on direct-to-consumer sales, leveraging an online presence to reach a broad customer base.

Financially, Nordic Supplements shows a mixed picture. Current assets increased by 17% to £600,000, while net assets rose 23% to £460,000—a positive trend. However, creditors have increased significantly, with "After One Year" creditors jumping 240% to £48,000. Cash bank on hand decreased by 9% to £260,000, and taxation and social security payable rose dramatically by 570% to £91,000. Trade creditors, however, decreased by a huge 97% to just £320. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in creditors suggests a need to carefully manage cash flow. No auditor is mentioned, as the company is likely exempt due to its size.

Overall, Nordic Supplements appears to be a growing business, but the sharp increase in short-term liabilities warrants attention. The company’s focus on online sales and a range of products seems to be driving growth, but maintaining a healthy balance sheet will be crucial for long-term sustainability.

Registered in England/Wales under the registration number 10055364, with a registered address at M6 6GR, England, Salford, 27 Elm Tree Road.

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