Northman Nutrition Ltd

Northman Nutrition Ltd from Honiton, UK, is a small holding company with an active status, established nine years ago in 2015. The company employs 16 people and holds assets totaling £420,841. It operates from a real address and is overseen by three directors and one owner. Northman Nutrition is a regular importer of miscellaneous food products, with 36 months of import activity recorded, the last in November 2024. It also engages in irregular exporting, with just one month of export activity noted in March 2023.

The company’s website positions Northman Nutrition as a leading manufacturer of nutritional supplements. It offers contract manufacturing, contract packing, private label services, and new product development, catering to a wide range of vitamin and health supplements. The website highlights its adherence to GMP standards and its expertise in formulation, regulatory issues, and market trends. It even has a showroom in Harrods, London.

Financially, Northman Nutrition Ltd presents a mixed picture. Current assets have fallen by 39% to £420,000, while net assets have dropped 37% to £220,000. Bank borrowings have decreased, and cash reserves have fallen 68% to £66,000. Creditors have also decreased, suggesting 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) allows for flexibility, but the decrease in equity is something to keep an eye on. No auditor is mentioned, likely due to the company’s small size and exemption from audit.

The company’s focus on contract manufacturing and private label services, combined with its commitment to quality and regulatory compliance, suggests a business model geared toward serving other companies in the nutrition industry. Whether this strategy will be enough to offset the recent financial headwinds remains to be seen.

Registered in England/Wales under the registration number 09613126, with a registered address at EX14 4RD, England, Honiton, Unit 21 Flightway Business Park, Dunkeswell.

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