Phytoceutics (uk) Ltd

Phytoceutics (UK) Ltd, based in London, is a small, active company established six years ago in 2018. It operates with just two employees and holds £261,442 in assets, utilizing a virtual address shared by thirty-five other companies. The company is led by two directors and owned by a solo founder, Laura Christine Elizabeth Johnston-hoogland, whose ownership stake was recently updated five months ago. It runs an e-commerce site and imports miscellaneous food products, though import activity has been irregular, with the last operation occurring two years ago.

The company’s website, Phytoceutics, focuses on selling supplements and health products in South Africa. It offers a range of products, including bundles, antioxidants, and items for gut health, bone health, and more. The site promotes “forces of nature” and offers a health assessment quiz, alongside articles on sleep, skin health, and multivitamins. It also features testimonials from satisfied customers praising the company’s products.

Financially, Phytoceutics (UK) Ltd presents a mixed picture. While current assets remain steady at £260,000, net assets have significantly declined, dropping 19% to -£580,000. Bank borrowings have increased dramatically, reaching £29,000, and cash reserves have fallen 25% to £37,000. Creditors have also decreased by 74%, suggesting better debt management. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor, typical for small companies, means the financial statements are unaudited. Despite this, the company’s net loss has deepened, and its equity is negative, raising concerns about its long-term financial health.

Registered in England/Wales under the registration number 11602044, with a registered address at N3 3LF, United Kingdom, London, Gable House 239 Regents Park Road, Finchley.

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