Rain Wellbeing Ltd

Rain Wellbeing Ltd is a small, active company based in London, UK, founded seven years ago in 2017. With just one employee and £100,330 in assets, it operates as an e-commerce business selling functional mushrooms and related products. The company has six directors, but no owners are reported, which is not unusual for smaller entities. It uses a virtual address, registered with 28,636 other companies, suggesting a shared workspace or mail forwarding service. It imports miscellaneous manufactured goods irregularly, with the last import operation recorded in June 2023.

The company’s website, Rain Wellbeing, focuses on enhancing performance and wellbeing through its "Flow State" mushroom supplements and a unique candle line. It emphasizes natural ingredients, expert curation, and science-driven formulations, targeting health-conscious individuals seeking to improve focus, energy, and mood. Customer testimonials praise the products' effectiveness and quality, with many highlighting the noticeable improvements in focus and energy levels.

Financially, Rain Wellbeing Ltd shows a mixed picture. Current assets have decreased by 30% to £100,000, while net assets have dropped by 43% to -£760,000. Bank borrowings have remained steady at £14,000, but cash reserves have fallen by 46% to £54,000. Creditors have also decreased, suggesting better debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the significant equity decline is a concern. The accounts are unaudited, and no auditor is mentioned.

The company’s irregular import activity and reliance on a virtual address, alongside the negative equity, suggest it may be burning through cash. However, the strong customer reviews and focus on a niche market indicate potential for growth—if it can manage its finances effectively.

Registered in England/Wales under the registration number 11018194, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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