Power Health Products Limited

Power Health Products Ltd from York UK: a large company holding a significant position in the health and wellness sector, has been active for 53 years. Employing 79 people and boasting £4,467,624 in assets, the company operates from a real address and is overseen by five directors and three owners. Its e-commerce site enjoys a stellar 5.0 Google rating based on nine reviews. The company regularly imports organic chemicals (122 months) and exports miscellaneous food products (38 months).

The company’s core business revolves around the retail and wholesale distribution of natural and health products, with a particular emphasis on vitamins, supplements, and skincare. It also operates a separate division focused on high-end piano restoration, showcasing a diverse range of expertise.

Financially, Power Health Products Ltd presents a mixed picture. While assets remain substantial, key metrics reveal some concerning trends. Accrued liabilities and deferred income increased by 40%, suggesting a build-up of short-term obligations. Net assets, however, rose by a healthy 5.2% to £8.5 million. Cash and cash equivalents fell by 17%, to £1.2 million, and bank borrowings increased, though the details are not clear. Turnover declined by 11%, to £1.3 million, while net losses deepened to £330,000. Creditors decreased by 35%, which is a positive sign of improved debt management. The company meets two of the three criteria to be considered a large company, indicating a solid size and scale of operations.

The company’s financial statements are audited by Finnies Accountants Limited. The decline in cash reserves and the increase in losses warrant close monitoring, though the decrease in creditors suggests better control over short-term liabilities. The dual focus on health products and piano restoration presents both opportunities and challenges, requiring careful management of resources and brand positioning.

Registered in England/Wales under the registration number 01041196, with a registered address at YO42 1NR, York, East Yorkshire, 10 Central Avenue, Airfield, Estate, Pocklington.

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