Nutraconcepts Ltd

Nutraconcepts Ltd, based in London, UK, is a small, active company founded twelve years ago in 2012. With a single director and owner – Patel Hira – and just one employee, the company holds £159,642 in assets. It operates from a virtual address, registered with fifty-three other companies, which is a bit unusual. The company regularly imports paper and paperboard products, with five months of import activity recorded.

The company's website, Nutraconcepts UK, is a sprawling online store offering a vast range of health and beauty supplements and products. From vitamins and minerals to skincare and sports nutrition, the site caters to a wide audience. It boasts a comprehensive catalog with thousands of items, organized into categories like antioxidants, beauty, brain memory, and children's health. The site also features a blog with articles on health topics, reinforcing its expertise and attracting potential customers. It's a busy place, and they're offering free worldwide shipping on orders over £75.

Financially, Nutraconcepts Ltd presents a mixed picture. While cash bank on hand increased by 13% to £1,700, creditors significantly rose by 80% to £90,000, and debtors also jumped by 87% to £160,000. Equity, however, experienced a sharp decline of 40%, dropping to £15,000. Borrowings increased by 190% to £67,000. The company’s small size—meeting two of three conditions for being considered small—helps it remain flexible, but the decrease in equity is concerning. No auditor is mentioned, which is common for small companies.

Overall, Nutraconcepts Ltd appears to be a busy online retailer, but the financial data suggests it may be burning through cash. The increase in creditors and debtors, coupled with the decrease in equity, indicates potential cash flow pressures. It's a situation that requires careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 08288142, with a registered address at WC1X 8TA, London, New Derwent House, 69-73 Theobalds Road.

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