Althie Lifestyle Limited

Althie Lifestyle Ltd from Croydon UK: small company, active status, founded 3 years ago, £1 assets, yearly revenue: £786, real address, 1 director, 1 owner, solo founder. This small business, operating in the retail sector, specializes in scented candles, reed diffusers, wax melts, and a range of personal care products. Founded in December 2021, it’s a solo venture led by a single director and owner, James Althea Beverley, and maintains a real registered address in Croydon. The company’s online presence, built on Wix, showcases a diverse collection of aromatherapy goods, homeware, and fragrances, catering to those seeking self-care treats or unique home additions.

The website highlights a focus on fruity, spicy, oceanic, oriental, or musky scents for candles, stylish reed diffusers, and a variety of melts, salts, oils, and homeware products. A dedicated section for fragrances offers crystal-infused oils, while personal care items like moisture sticks are also available. Gift sets and bundles are promoted, alongside planners and notebooks for those seeking organization. Contact information is provided, with a promise of a response within two business days.

Financially, Althie Lifestyle Ltd presents a picture of a very small business still in its early stages. The company’s net losses deepened to -£3,300, while cash reserves remain incredibly low at just £1. Trade debtors are also low, but creditors increased, suggesting the company is relying on credit to maintain operations. With only £790 in turnover and a significant portion of expenses allocated to administrative costs (£990), the business is operating at a loss. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the company's small size and exemption from an audit.

While Althie Lifestyle Ltd’s online presence is well-designed and showcases a diverse product range, the financial data suggests a challenging period. The company is clearly burning through money, with losses outpacing revenue. Whether this is typical startup turbulence or a sign of deeper issues remains to be seen—but for now, Althie Lifestyle Ltd is relying on its online presence and niche product offerings to generate sales and turn a profit.

Registered in England/Wales under the registration number 13804233, with a registered address at CR0 0XZ, England, Croydon, Airport House Suite 48, Airport House, Purley Way.

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