Rightangled Limited

Rightangled Ltd from London UK is a small holding company with an active status, established nine years ago. The company employs eight people and holds assets valued at £187,945. It has a real address and is managed by one director and one owner. Rightangled Ltd irregularly imports and exports miscellaneous chemical products, with import activity spanning two months (last in 2022) and export activity for one month (last in December 2023).

The company operates an online pharmacy, Rightangled Online Pharmacy, offering a wide range of health and wellness products, including weight loss treatments, hair loss solutions, men's health items, vitamins, and home tests. The website also features DNA testing services, with options for diet, nutrition, and wellness assessments. It’s a fairly extensive catalogue, with over 500 products listed, and even offers a subscription service. The company emphasizes affordability, reliable service, and a focus on personalised medicine.

Financially, Rightangled Ltd is showing some concerning trends. Current assets have plummeted by a staggering 90%, dropping to just £190,000. Similarly, net assets have decreased significantly, falling 42% to £2.3 million. Bank borrowings have increased, and cash reserves have shrunk considerably. Trade debtors have also taken a hit, decreasing by 97%. While creditors have decreased, the overall picture suggests the company is burning through cash. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited financial statements don't mention an auditor, likely due to its small size.

The company’s rapid decline in assets and cash reserves raises questions about its long-term viability, despite the active online presence and broad product range. It’s possible the company is reinvesting heavily in growth, but the sharp drop in key financial metrics warrants close monitoring.

Registered in England/Wales under the registration number 09866557, with a registered address at W6 0LT, England, London, 32 Galena Road.

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