Phytomed Ltd

Phytomed Ltd is a small, active company based in Wokingham, UK, founded just one year ago. It’s a family business with two directors and two owners, employing just two people and holding £13,662 in assets. The company operates an e-commerce site and specializes in the retail sale of new goods via mail order and the internet.

The Phytomed website showcases a wide range of liquid herbal extracts, capsules, and dispensary supplies, catering to both practitioners and consumers. It also features educational resources like webinars, podcasts, and articles on herbal medicine. A notable aspect is the inclusion of "Kiwiherb Products," suggesting a connection to New Zealand herbal remedies. The site actively promotes new products and offers discounts, emphasizing sleep improvement, stress management, and nervous system support. It's clear they're focused on building a community around herbal health.

Financially, Phytomed Ltd presents a mixed picture. While the company is small (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity sits at a negative -£71,000, indicating accumulated losses. Cash bank on hand is steady at £14,000, but creditors are significant at £85,000. Bank borrowings are also present at £1,700. The increase in depreciation from £0 to £180 suggests investment in motor vehicles, but the overall trend points to a company burning through cash rather than generating substantial profits. No auditor is mentioned, consistent with its status as a small, exempt company. The directors, Mr. Daniel Dumitrache and Mr. Marco-Roland Dumitrache, are responsible for the accounts, and it’s likely they’re focused on growing the e-commerce side of the business to offset these losses.

Registered in England/Wales under the registration number 14933729, with a registered address at RG41 5TP, England, Wokingham, Building 220 Wharfedale Road.

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