Africa Cosmetics Ltd

Africa Cosmetics Ltd, based in Bury St. Edmunds, UK, is a small, active company founded just three years ago in 2021. With a single employee and £268 in assets, it’s a solo-founded operation run by a single director and owner. The company operates in the wholesale of perfume and cosmetics, and retail sales via mail order and internet industries. It has a registered address, but it’s likely virtual, as ninety-seven companies share the same location.

The company’s website, while not fully developed, suggests a focus on beauty products. It's not clear if they have a fully functional e-commerce site, but the description hints at online sales. They’re targeting a niche market with handmade beauty products, and their Google rating is a perfect 5.0 from eight reviews.

Financially, Africa Cosmetics Ltd is showing some concerning trends. Net losses deepened from -£10,000 to -£530, while cash reserves plummeted 98% to just £270. Trade debtors ballooned by 3500%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £220. The lack of employees (zero reported) hints at a lean, possibly solo operation. With no auditor mentioned (exempt as a small company), the unaudited figures rely on director-reported data.

While the business is small, meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the sharp decline in assets and the significant losses suggest it's struggling to maintain a positive cash flow. It’s possible that the business is still in its early stages, and these losses are part of the startup phase. However, the reliance on a virtual address and the lack of a fully developed e-commerce presence could be hindering its growth.

Registered in England/Wales under the registration number 13488069, with a registered address at IP28 7DE, England, Bury St. Edmunds, Suffolk, Unit A 82 James Carter Road, Mildenhall.

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