Supplements Sanctuary Ltd

Supplements Sanctuary Ltd, based in Birmingham, UK, is a small, active company founded nine years ago. With two employees and £111,240 in assets, it operates from a virtual address shared by over 400 other companies, a fact that raises some eyebrows. The business, owned and directed by Hannon David Michael, runs an e-commerce site selling sports supplements and has a respectable 4.0 Google rating based on 15 reviews. It’s also an irregular importer, bringing in miscellaneous chemical products, though only for a single month in 2022.

The company’s website, Supplements Sanctuary, emphasizes a range of quality, lab-tested sports supplements. It actively promotes its products on Facebook and encourages subscriptions for savings. The site also highlights quick links to various sections, including testosterone boosters, fat burners, and male enhancers, catering to a specific niche within the health and fitness market. The website’s design is clean and modern, suggesting a focus on user experience.

Financially, Supplements Sanctuary Ltd presents a mixed picture. While cash bank holdings increased by a healthy 42% to £90,000, current assets also saw a 54% increase to £110,000. However, retained earnings decreased by 18% to £34,000, and creditors rose significantly by 78% to £93,000. Inventory levels have more than doubled, increasing by 140% to £21,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the rise in creditors suggests a need to manage debt more closely. The accounts are unaudited, which is common for small companies, and the company has not been required to obtain an audit. Overall, the company seems to be growing, but it’s important to monitor its debt levels and ensure it can sustain its growth.

Registered in England/Wales under the registration number 09796204, with a registered address at B30 3JN, United Kingdom, Birmingham, West Midlands, Lifford Hall Lifford Lane, Kings Norton.

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