Tenacious Laboratories Limited

Tenacious Laboratories Ltd from London UK: a small holding company with an active status, was founded four years ago. It employs nine people and holds £1,357,067 in assets, operating from a real address. With three directors and one owner, the company regularly imports essential oils and perfumes, having done so for five months.

The company's website highlights its focus on the burgeoning cannabinoid industry, positioning itself as a "pioneering international consumer products group." It aims to bring clarity and trust to plant-based ingredients, particularly CBD. Tenacious Labs isn't just a retailer; it’s actively shaping the industry, advocating for quality, transparency, and scientific rigor. The site features regular news articles and insights on topics ranging from cannabis legislation to aviation and carbon credits—a surprising breadth of subject matter. It seems they're not just selling products; they’re building a thought leadership platform.

Financially, Tenacious Laboratories Ltd shows a mixed picture. Current assets have increased by a significant 130% to £1.4 million, while bank borrowings have also risen considerably. Creditors have decreased by a notable 82%, which is a positive sign. However, net assets have fallen by 37% to -£10 million. Cash reserves have increased by 150% to £1.1 million. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned is likely due to its small size and exemption from an audit.

The company's reliance on ongoing support from investment funds and group undertakings is noted, suggesting a potentially vulnerable position. While the business shows signs of growth and engagement, the significant net loss and declining equity raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 12913048, with a registered address at W1J 7PG, England, London, 11 Shepherd Market.

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