Aga Cosmetics Ltd

Aga Cosmetics Ltd, based in London, UK, is a small, active company founded six years ago in 2018. With just four employees and £32,054 in assets, it operates as a wholesale and retail business specializing in cosmetics and toilet articles, with a growing online presence. The company has a real registered address and is managed by a single director, though no owners are officially listed. It’s an irregular importer, primarily dealing in soaps, cleaning products, and waxes, with recent import activity recorded just one month ago.

The company's website, while not fully developed, suggests a focus on online sales and distribution, alongside wholesale operations. It’s clear they are aiming to reach a broader customer base through e-commerce, complementing their existing wholesale channels. While a full website isn’s available, the company's presence on business directories indicates a commitment to online visibility.

Financially, Aga Cosmetics Ltd presents a mixed picture. Turnover increased significantly, jumping 160% to £290,000, but profits took a sharp dive, plummeting 660% to -£8,200. This suggests rising costs are eroding profitability, despite increased sales. Cash reserves have also dwindled, falling 660% to -£8,200, indicating the company is burning through cash. Creditors increased by 190%, potentially reflecting a reliance on short-term financing. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees) allows for flexibility, but the negative equity is a concern. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, Aga Cosmetics Ltd is experiencing growth in sales, but struggling to maintain profitability. The increased costs and dwindling cash reserves are worrying signs, and the company will need to address these issues to ensure its long-term sustainability.

Registered in England/Wales under the registration number 11406750, with a registered address at N17 9QU, United Kingdom, London, Office 56 Mill Mead Business Centre Mill Mead Road, Tottenham.

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