The Cbd Dispensary Ltd
- Small
- Active
- 6 years
- 1 employee
- £22,066 (assets)
- Virtual address
- 2 directors
- 1 owner
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
The Cbd Dispensary Ltd, a small company based in London, UK, has been active since its founding six years ago in November 2018. With a single employee and £22,066 in assets, it operates from a virtual address shared by many other businesses, and is led by two directors and one owner. The company runs an e-commerce site specializing in CBD products.
The website, The CBD Dispensary UK, presents itself as the "No.1 Supplier of CBD Products," offering a wide range of items including oils, capsules, pain relief products, edibles, and vaping accessories. The site emphasizes “FREE UK DELIVERY ON ORDERS OVER 50” and highlights its commitment to “premium quality products” sourced from nature. It also features a blog with advice and information related to CBD, and a section to find stockists. The website also mentions a "The CBD Club" offering gummies. The company describes itself as a “small family run business” and emphasizes its belief in the legalisation of cannabis and hemp.
Financially, The Cbd Dispensary Ltd shows a mixed picture. While cash bank on hand increased by a significant 140%, current assets declined by 19% to £22,000. Debtors have fallen considerably, dropping 61%, while finished goods have also decreased by 18% to £19,000. Equity has seen a substantial decrease of 74%, resulting in net assets of just -£760. Trade creditors have seen a dramatic shift, with a 100% decrease to -£1. The company is classified as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the figures are unaudited.
The company's financial trajectory suggests a period of adjustment. While cash flow improved, the decline in equity and assets raises questions about long-term sustainability. It's possible the company is reinvesting in inventory or marketing, but the trend warrants careful monitoring.
Registered in England/Wales under the registration number 11657572, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Benjamin Albert
- 6 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Benjamin Albert
- 6 years
- 2
-
Resident of United Kingdom
-
Individual
- Benjamin Myra
- 6 years
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2023-11-30Download 7 pages pdf report
-
Confirmation statement made on 2024-08-27 with updatesDownload 5 pages pdf report
-
Confirmation statement made on 2023-08-27 with updatesDownload 5 pages pdf report
FAQ about The Cbd Dispensary Ltd
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!