Nutrigroup Limited
- Small
- Active
- 23 years
- Accounts overdue 1 year
- Confirmation overdue 2 years
- 6 employees
- £1,523 (assets)
- Real address
- No directors
- 3 owners
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Nutrigroup Limited is a small, active company based in Brighton, UK, founded 23 years ago in 2002. Employing six people, it holds just £1,523 in assets and operates an e-commerce site specializing in sports nutrition and supplements. Despite its long history, the company is currently facing some financial challenges, with overdue accounts and confirmation statements. It has three owners but no directors listed.
The company’s website, Nutri Group, functions as a distributor of sports supplements, offering a wide range of products from brands like ON Gold Standard, Cellucor, and MuscleTech. It caters to customers in Lithuania and England, offering products ranging from whey protein to creatine and vitamins. The site is well-structured, with clear product categories and a shopping cart, indicating a focus on online sales.
Financially, Nutrigroup Limited’s situation appears concerning. Net assets have declined significantly, falling to -£110,000, and cash reserves have all but disappeared, dropping 98% to a mere £1,500. Bank borrowings remain steady at £50,000, and trade debtors have vanished entirely. While creditors have also decreased, the dramatic drop in assets and cash suggests the company is struggling to manage its finances. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the sharp decline in equity raises questions about its long-term viability. With no auditor mentioned, the unaudited figures rely on director-reported data.
It's clear that Nutrigroup Limited is facing a tough time. Whether it can recover from these financial pressures remains to be seen—but for now, it’s a story of a long-standing business battling to stay afloat in a competitive market.
Registered in England/Wales under the registration number 04361747, with a registered address at BN41 1WR, United Kingdom, Brighton, Maritime House Basin Road North, Portslade.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Joshi Paresh
- 8 years
- 4
- 25%+
-
Resident of United Kingdom
-
Individual
- Joshi Smita
- 8 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- Nangle Julian
- 8 years
- 3
- 25%+
-
Resident of United Kingdom
Managers
Last reports
The latest confirmation statement submitted three years ago.
Last news
-
Termination of appointment of Julian Nangle as a director on 2022-12-19Download 1 page pdf report
-
Termination of appointment of Paresh Joshi as a secretary on 2022-12-19Download 1 page pdf report
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Termination of appointment of Paresh Joshi as a director on 2022-12-19Download 1 page pdf report
FAQ about Nutrigroup Limited
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