Aromantic Limited

Aromantic Limited is a small, active company based in Elgin, UK, established nineteen years ago in March 2006. With sixteen employees and £227,786 in assets, it operates from a real address and is led by a single director and owner, Borseth Jon Benjamin. The company’s core business involves the retail sale of cosmetic and toilet articles in specialised stores. It’s a regular importer of plastics and plastic products, with nine months of import activity recorded, and a regular exporter of essential oils and perfumes, boasting eighty-four months of export activity.

The company’s website, aromantic.co.uk, showcases a wide range of natural and organic skincare, bath and body products, and essential oils. It emphasizes ethical sourcing, cruelty-free practices, and sustainable packaging—appealing to environmentally conscious consumers. While the website doesn't explicitly mention e-commerce, the product range and detailed descriptions suggest a direct-to-consumer model, likely supported by online sales. Aromantic also owns Aromantic Education Limited and Aromantic Skin Care Limited, indicating potential expansion into related areas like training or specialized skincare lines.

Financially, Aromantic Limited presents a mixed picture. Current assets have declined by 30%, dropping to £230,000, while net assets have plummeted 61%, settling at £85,000. Bank cash has fallen dramatically by 85%, leaving only £14,000. Creditors have increased by 24%, reaching £180,000, and trade debtors have risen by 11%, reaching £73,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity and cash reserves raises concerns. The company’s unaudited financial statements, prepared by CCH Software, do not mention an auditor.

The significant drop in cash reserves, combined with increased creditors, suggests Aromantic may be burning through money faster than it’s generating revenue. Perhaps increased marketing efforts or supply chain challenges contributed to these pressures. The continued growth in export activity, however, indicates a strong demand for its essential oils and perfumes—a potential avenue for stabilizing its financial situation.

Registered in Scotland under the registration number SC299277, with a registered address at IV30 1JZ, United Kingdom, Elgin, 39 South Street.

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