Vitaminrox Ltd

Vitaminrox Ltd is a small, active company based in Belfast, UK, founded eleven years ago in 2013. With just one employee and £17,989 in assets, it operates as a retail business via mail order and the internet. The company has a real address and is managed by one director and one owner, Glass Steven.

The company’s website reveals a business that has adapted to changing market conditions, particularly related to Brexit. Initially a vitamin and supplements business selling its own brand products, Vitaminrox shifted its sales platform to Amazon. This allowed for wider reach and access to Amazon’s customer service. The website highlights the company’s unique position in Northern Ireland, allowing continued trade with both the UK and the EU, a significant advantage over businesses based in Great Britain. The site also emphasizes fast delivery and a commitment to customer satisfaction.

Financially, Vitaminrox Ltd’s report shows some concerning trends. Accumulated depreciation has increased significantly, nearly doubling in the last year, while bank borrowings have decreased. Cash on hand has remained steady, however. Creditors have increased considerably, and net assets have decreased. The company’s small size (meeting two of three conditions for being classified as small) helps it remain flexible, but the decrease in equity suggests a need for careful management. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Vitaminrox Ltd appears to be navigating a challenging economic climate, leveraging its location and adapting its business model to maintain operations.

Registered in Northern Ireland under the registration number NI620579, with a registered address at BT6 9LF, Northern Ireland, Belfast, 16 Cregagh Park.

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