Anwen Co Ltd

Anwen Co Ltd, based in Poole, UK, is a small, active company founded 16 years ago. With four employees and £196,310 in assets, it operates from a virtual address – registered at a location shared by seventy-one other companies. The business is led by two directors and a solo founder, Fang Qian, and runs an e-commerce site specializing in hair care products. It regularly imports treated or layered fabrics for industrial use, with the most recent import occurring in September 2024, and occasionally exports essential oils and perfumes, though only for a short period.

The company’s website, Anwen Cosmetics, showcases a wide range of hair styling products, including masks, conditioners, shampoos, oils, and supplements. It emphasizes porosity-specific care and offers a variety of gift vouchers and sets. The site’s design and product descriptions suggest a focus on natural ingredients and targeted solutions for different hair types.

Financially, Anwen Co Ltd's report shows some concerning trends. While current assets increased by 53% to £200,000, net assets decreased by 20% to -£38,000. Bank borrowings have significantly increased, jumping 2,400% to £58,000, while cash reserves have soared 3,900% to £66,000. Trade debtors have also risen sharply, increasing by 93% to £22,000. Creditors have increased by 340% to £87,000. The company’s small size (meeting two of three conditions for a small company) means it’s likely exempt from an audit, so the figures are unaudited.

The company’s reliance on bank borrowings and the decline in equity suggest it may be burning through cash. However, the significant increase in cash reserves could indicate a recent influx of funds or improved cash flow management. The company's financial health is a little shaky, but the e-commerce site seems to be doing well.

Registered in England/Wales under the registration number 06662300, with a registered address at BH14 0LT, Poole, Dorset, 87 North Road.

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