Principle Healthcare International Limited

Principle Healthcare International Ltd, based in Skipton, UK, is a sizable company with an active status, having been incorporated twenty-one years ago in 2004. The firm employs eight people and boasts assets of £1,126,993, generating £1,711,036 in yearly revenue. It operates from a real address and is overseen by one director, though no owners are officially listed. The company is an irregular importer of plastics and plastic products, with just one month of import activity recorded, and a regular exporter of miscellaneous food products, with thirty-one months of export activity.

The company’s website highlights its role as a leading provider of nutritional supplements, particularly through private label solutions. It operates three distinct brands, catering to a global market via retail, pharmacy, and online channels. Principle Healthcare International manages business outside the UK, while Principle Healthcare Europe focuses on Central Europe. The website also details awards and accreditations, emphasizing innovation and sustainability.

Financially, Principle Healthcare International Ltd shows some concerning trends. Cash bank on hand decreased by 310%, dropping to £100,000, while current assets declined by 10%, settling at £1,100,000. Trade debtors increased significantly by 56%, reaching £650,000, and creditors surged by 430%, now standing at £800,000. Net assets also fell by 23%, now at £1,400,000. While revenue dropped 14%, falling to £1,700,000, the company’s comprehensive income expense increased by 170%, reaching £990,000. Bank borrowings increased by a substantial 2400%, reaching £29,000. The company’s auditor is Mazars LLP.

These figures suggest the company is facing increased financial pressure, possibly due to rising costs or delayed payments. However, the company’s strong brand presence and diverse market channels may help it weather these challenges. It’s also worth noting that the company’s small size (meeting two of three criteria for a large company) means it’s likely to be more agile in responding to market changes.

Registered in England/Wales under the registration number 05019943, with a registered address at BD23 2TZ, Skipton, North Yorkshire, Principle Healthcare International Ltd Airedale Business Centre,, Millenium Road.

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