Vitapremium Ltd

Vitapremium Ltd is a small, active company based in London, UK, founded eight years ago in 2016. With two employees and £1,575,824 in assets, it operates a virtual address and runs an e-commerce site. The company is led by two directors and owned by Syciovas Arturas and Syciova Gabriele, whose ownership details were last updated three years ago.

The company’s website, Vita Premium, showcases a range of health supplements, including Vitamin C, Turmeric Curcumin, and Vitamin D. It’s a retail operation focused on mail order and internet sales, offering products like tablets, capsules, and softgels. The site emphasizes high-strength formulations, vegan and vegetarian-friendly options, and UK-based manufacturing to strict GMP standards. It even has a money-back guarantee, a nice touch.

Financially, Vitapremium Ltd appears to be in a stable position. Current assets increased by 13% to £1,600,000, while net assets also rose by 11% to £1,400,000. Cash bank on hand saw a healthy 16% increase, reaching £1,500,000. Creditors did increase by 27% to £170,000, which could indicate expansion or increased supplier costs. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 25 employees. As a small company, it’s exempt from an audit, so the financial information is unaudited. The company’s accounts are abridged and prepared in accordance with FRS 102.

Overall, Vitapremium Ltd seems to be a well-managed, small business with a growing online presence. While creditors have increased, the strong asset base and cash reserves suggest a financially sound operation.

Registered in England/Wales under the registration number 10397074, with a registered address at EC3V 3NG, England, London, International House 36-38, Cornhill.

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