Savage Cabbage Ltd

Savage Cabbage Ltd is a small holding company based in York, UK, with an active status. Founded eight years ago in 2016, the company employs four people and holds £122,534 in assets. It operates from a virtual address, registered with 36 other companies, and is managed by one director and one owner. Savage Cabbage regularly imports and exports essential oils and perfumes, with the last import operation occurring in June 2022 and the last export in December 2020.

The company's website, currently displaying a "Maintenance Page," reveals a more complex situation. Savage Cabbage previously sold CBD products but has withdrawn them from the market due to removal from the FSA's Novel Foods List. The company is actively working to reverse this decision, citing concerns about THC levels and a potential revision to regulations. While the website encourages customers to explore medical cannabis options and join a mailing list to fight the FSA decision, it’s clear the business is in a state of flux. The website also points to a retail sale via mail order houses or via internet industries.

Financially, Savage Cabbage Ltd is showing some concerning trends. Current assets have plummeted by 66% to £120,000, and net assets have fallen by a substantial 180% to -£740,000. Bank borrowings have increased significantly, with a 330% rise in non-financial instruments, and cash reserves have decreased by 8.5% to £13,000. Creditors have also increased by 6.1%, suggesting potential cash flow challenges. The company’s small size (meeting two of three conditions for being small) helps it remain agile, but the significant equity decline is a cause for concern. The company’s average number of employees has doubled to eight, which could be a sign of increased activity or a temporary measure to address the FSA issue. With no auditor mentioned, the financial statements are unaudited.

Registered in England/Wales under the registration number 10221332, with a registered address at YO24 4EY, England, York, 124 Acomb Road.

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