Shapeshifter Nutrition Ltd

Shapeshifter Nutrition Ltd, based in Craigavon, UK, is a small, active company founded nine years ago in December 2015. With £439,565 in assets and a real address, it operates as a regular importer of miscellaneous food products (21 months) and an irregular exporter (1 month). The company, managed by two directors and two owners, runs an e-commerce site and is registered with NI635418.

The company’s website showcases a wide range of sports and nutrition supplements, including pre-workouts, fat burners, and protein products. It emphasizes competitive pricing, loyalty rewards, and a commitment to helping customers achieve their fitness goals. The site also features a blog with health and fitness tips, reinforcing its position as a knowledgeable supplier. It’s clear that Shapeshifter Nutrition is targeting a specific niche within the UK supplement market, leveraging online sales and brand partnerships.

Financially, Shapeshifter Nutrition Ltd presents a mixed picture. Current assets have decreased by 19%, falling to £440,000, while net assets have also declined by 11%, settling at £210,000. Cash reserves have seen a significant drop of 310%, falling to £23,000. However, creditors have decreased by 6.8%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity raises questions. The unaudited financial statements, without a named auditor, rely on director-reported data.

The company’s bank borrowings increased by 2,400% to £29,000, which might be a cause for concern. It's possible that the company has been investing in inventory or marketing to drive sales, but it's important to monitor its cash flow closely. The decrease in net assets and cash reserves could be a sign of financial strain, but it's also possible that the company is simply reinvesting its profits back into the business.

Registered in Northern Ireland under the registration number NI635418, with a registered address at BT66 6LN, Northern Ireland, Craigavon, Unit 3 Silverwood Industrial Area, Lurgan.

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