Xbrain Ltd

Xbrain Ltd, based in Brighton, UK, is a small, active company founded thirteen years ago in 2012. It employs just one person and holds £132,127 in assets, operating from a virtual address shared by nineteen other companies. With a single director and owner, the company runs an e-commerce site specializing in nutritional supplements and related products. It regularly imports miscellaneous food products, with 28 months of import activity recorded, and has sporadically exported machinery parts, with just three months of export activity.

The website, Xbrain UK Nutrition, showcases a wide range of products, including natural supplements, nootropics, and fitness equipment, catering to a health-conscious audience. Brands like Onnit, Neurohacker, and Swedish Supplements are prominently featured, alongside in-house Xbrain branded products. The site’s Academy section offers articles and workout plans, further establishing the company as a resource for health and fitness enthusiasts. It’s a good looking site, and very well presented.

Financially, Xbrain Ltd’s numbers paint a mixed picture. Current assets have decreased by 25%, falling to £130,000, while net assets have plummeted 50% to just £39,000. Bank borrowings have also decreased, but cash reserves have fallen by a substantial 37%, leaving just £16,000 on hand. Creditors have slightly decreased, suggesting better debt management, but the sharp drop in equity is concerning. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it’s exempt from an audit, and the figures are unaudited.

The company’s decline in net assets and cash reserves suggests it might be burning through money, though it’s difficult to say for sure without more information. The decrease in assets, despite a decrease in creditors, could be due to increased inventory levels or a shift in business strategy. The lack of employees, while keeping costs down, also limits its growth potential. Overall, Xbrain Ltd appears to be a small, niche business facing financial challenges, but its strong online presence and focus on a growing market could provide a path to recovery.

Registered in England/Wales under the registration number 07958437, with a registered address at BN1 1UJ, Brighton, 100 Church Street.

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