Pristine Brands Ltd

Pristine Brands Ltd from London UK: small company, active status, founded 8 years ago, 1 employee, £24,928 assets, virtual address, 1 director, 1 owner, solo founder. Regular exporter of essential oils and perfumes (16 months exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and one employee. The company is a regular exporter, with its top export categories including Essential oils and perfumes, totaling 16 of months exports. The last export operation took place on March 01, 2020.

The company's website is not available, so it’s difficult to assess its online presence or e-commerce activities. It's likely they operate primarily through wholesale channels or smaller online platforms, given the limited information.

Financially, Pristine Brands Ltd presents a mixed picture. Current assets have plummeted by a staggering 81%, dropping to just £25,000, while net assets have fallen into negative territory at -£7,900. Bank borrowings have decreased slightly, but cash reserves have vanished, falling 88% to a mere £670. Creditors have also decreased, which is good, but the sharp decline in assets and the negative equity are concerning. The company’s small size helps it stay agile, but the significant equity drop suggests a possible need to manage finances more carefully. There’s no auditor mentioned, which is typical for small companies, so the figures are unaudited.

It seems like Pristine Brands Ltd may be experiencing some financial difficulties, although it’s hard to say for sure without more information. The sharp drop in assets and the negative equity are worrying signs, and the company will need to find ways to improve its financial performance. The solo founder appears to be carrying a lot on their shoulders, and perhaps some assistance would be beneficial.

Registered in England/Wales under the registration number 10550284, with a registered address at N20 9AE, England, London, Prospect House, 2 Athenaeum Road.

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