Supplement Factory Ltd

Supplement Factory Ltd, based in Ashford, UK, is a large company operating as a holding company with an active status. Founded 13 years ago in 2011, it employs 66 people and holds assets worth £3,359,821. The company generates a yearly revenue of £15,121,263, demonstrating a significant scale of operations. With two directors and one owner, it's managed by a relatively small leadership team. A Google rating of 4.0 from eight reviews suggests generally positive customer feedback. The company regularly imports plastics and plastic products (87 months) and exports drinks, alcohol, and vinegar (49 months), indicating a diverse supply chain and distribution network.

Supplement Factory Ltd specializes in contract manufacturing and private label supplement products. Its website highlights a focus on personal health, lifestyle, wellness, beauty, and sports nutrition. The company offers a wide range of services, including bespoke contract manufacturing, new product development, custom formulation, and quality testing. They manufacture various dosage forms, from powders and tablets to capsules, liquids, gummies, and softgels. The company’s website showcases its modern equipment and dedicated research team, emphasizing its ability to create anything from different dosage forms of supplements to pharmaceuticals.

Financially, Supplement Factory Ltd shows some concerning trends. While turnover increased by a substantial 33%, to £15 million, net assets have fallen significantly, dropping 32% to £360,000. Bank borrowings have surged by a remarkable 53%, reaching £72,000, and cash reserves have decreased by 22%, sitting at £100,000. Creditors, however, decreased by 11%, which could indicate improved debt management. The company meets two of three conditions to be considered large, with turnover exceeding £36 million and assets over £18 million, but the decline in equity raises questions about its long-term financial health. The company’s financial statements were audited by Kreston Reeves LLP.

The surge in bank borrowings and the drop in cash reserves suggest that Supplement Factory Ltd may be relying more on external financing to support its operations. This could be due to increased investment in new product development or expansion of its manufacturing capacity. The decrease in creditors, on the other hand, could be a positive sign, indicating that the company is managing its short-term liabilities effectively. The company’s focus on high-growth areas like immunity supplements, nootropics, and beauty supplements may be driving revenue growth, but it’s also increasing its financial risk.

Registered in England/Wales under the registration number 07816763, with a registered address at TN24 8DE, Ashford, Kent, Unit 5 Javelin Way, Javelin Enterprise Park.

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