Supreme Nutra Labs Ltd

Supreme Nutra Labs Ltd from Glasgow UK: a small, active company founded three years ago, employs just one person, and holds £49,740 in assets. It’s a solo founder operation with one director and a real address. The company operates in the retail sale via mail order houses or via internet industries.

The business appears to be focused on online retail, with a website likely serving as its primary sales channel – though no website was provided for analysis. This suggests a lean operation, capitalizing on the accessibility and lower overhead costs of e-commerce. The single employee likely handles all aspects of the business, from product sourcing and website management to order fulfillment and customer service.

Financially, Supreme Nutra Labs Ltd’s recent report paints a mixed picture. While cash reserves fell by 27% to £50,000, creditors also decreased by 17%, settling at £56,000. However, the most concerning trend is the significant drop in equity, plummeting to -£6,600. This means the company is technically in a net liability position, which is unusual. Bank borrowings have also increased, though the specific amount wasn’t provided. The company’s small size (meeting two of three criteria for being classified as small) helps it remain agile, but the negative equity raises questions about its long-term viability. There’s no auditor mentioned, which is typical for small, exempt companies.

The sharp decline in equity could be due to a number of factors, such as increased operating expenses, lower-than-expected sales, or perhaps a one-off investment. It’s also possible that the company is reinvesting profits back into the business to fuel growth, though the negative equity suggests this may not be the case. The increase in bank borrowings could be a sign that the company is struggling to meet its short-term financial obligations.

Registered in Scotland under the registration number SC721478, with a registered address at G46 7BU, Scotland, Glasgow, 39 Rockmount Avenue, Thornliebank.

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