Angel Elegance Limited

Angel Elegance Limited, based in London, UK, is a small, active company founded four years ago. With two employees and £86,145 in assets, it operates as a family business, led by a solo founder and overseen by two directors and owners. The company is an irregular importer, primarily dealing in essential oils and perfumes, with just two months of imports recorded in the last year. It’s a small operation, meeting two of the three criteria to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, Angel Forever, showcases a wide range of dresses—from prom gowns to special occasion wear—catering to a diverse clientele. The site’s extensive categories and detailed product descriptions suggest a focus on online retail, with a strong emphasis on visual appeal and customer service. The website also highlights a network of retailers, indicating a potential wholesale component to the business. A blog section with posts about trends and collections further reinforces its commitment to the fashion industry.

Financially, Angel Elegance Limited presents a mixed picture. While cash bank on hand saw a significant increase of 380% to £19,000, other key indicators suggest potential challenges. Net assets, however, increased by a substantial 140% to £19,000. Trade debtors decreased by 14% to £2,300, which is good. However, creditors increased by 2.7% to £68,000. A notable increase in other taxation social security payable, rising 170% to £4,800, could indicate growing operational expenses. The company’s property plant equipment gross cost decreased by 17% to £1,500, and depreciation charges increased, which is not good. As a small company, it is exempt from an audit, and the financial statements are unaudited.

Overall, Angel Elegance Limited appears to be navigating a period of growth but also facing increased costs. The company’s focus on online retail and its network of retailers suggest a solid foundation, but its financial performance will need to be closely monitored to ensure long-term sustainability.

Registered in England/Wales under the registration number 12616396, with a registered address at E6 2JA, England, London, Office 7793 182-184 High Street North.

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