Westlab Ltd

Westlab Ltd from Cranleigh UK: large company, holding company, active status, founded 20 years ago, 58 employees, £4,488,216 assets, yearly revenue: £10,940,015, real address, 3 directors, 2 owners, e-commerce site, google rating 4.0 based on 12 reviews. Regular importer of inorganic chemicals (137 months imported). Regular exporter of essential oils and perfumes (56 months exported). Westlab is a sizable operation, classified as a "large company" due to its turnover exceeding £36 million and balance sheet total over £18 million, along with having more than 250 employees. It functions as a holding company, with a real address and three directors overseeing its activities. The company, established twenty years ago, operates an e-commerce site and has earned a respectable 4.0-star Google rating from twelve reviews.

Westlab’s core business revolves around the sale of mineral bath salts, primarily through its e-commerce platform. The website showcases a wide range of products, including Dead Sea bath salts, Epsom salts, and magnesium flakes, catering to health and wellbeing enthusiasts. The site emphasizes natural ingredients, vegan-friendly options, and PETA approval, appealing to a conscious consumer base. The website also promotes various ambassadors and influencers, highlighting the brand's popularity and reach. The site is very active, with lots of new products and bundles.

Financially, Westlab Ltd shows some concerning trends. Accrued liabilities and deferred income have increased significantly, jumping 160% to £900,000. Accumulated amortisation and impairment of intangible assets have also risen, although this may reflect investment in the business. Bank borrowings have increased, and cash bank on hand has decreased. However, administrative expenses have slightly decreased, suggesting some efficiency gains. The company’s revenue is £10,940,015, and its assets are £4,488,216. It's likely that the company is burning through cash, although it’s also possible that the increased liabilities are related to investments in growth. The company’s auditor is Forvis Mazars LLP.

Registered in England/Wales under the registration number 05214492, with a registered address at GU6 8TB, England, Cranleigh, Surrey, Unit 57 Dunsfold Park, Stovolds Hill.

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