Aromatize Limited

Aromatize Ltd from Accrington UK: a small company with an active status, founded 12 years ago, employs 27 people, and holds £2,251,722 in assets. It has a real address, is overseen by three directors, and is owned by two individuals. The company regularly imports nothing (84 months) and exports furniture, lighting, and prefabricated buildings (31 months).

The company operates as a wholesale supplier of home fragrance and wellness products, including its own Aroma Accessories brand, the Woodbridge range, and the Michel Design Works luxury line. It runs an online shop with a wide variety of products, from electric wax melters and LED diffusers to candles, soaps, and lotions. The website is well-designed and easy to navigate, showcasing a range of collections and promotions. It seems like they are focusing on a B2B model, catering to retailers and wholesalers.

Financially, Aromatize Ltd shows some interesting trends. Bank borrowings have decreased significantly, dropping 65% to £97,000, which is a positive sign. However, cash bank on hand has also fallen by 53% to £27,000. Comprehensive income expense has improved considerably, going from a loss of £100,000 to a profit of £57,000. Creditors have increased by 25%, and trade debtors are up 48%, suggesting a possible need to manage cash flow more effectively. The company’s small size (meeting two of three conditions for a small company) helps keep costs down, but the decrease in equity, dropping 51%, is something to keep an eye on. The unaudited financial statements, as is common for small companies, rely on internal reporting.

It's clear that Aromatize Ltd is a established business, but the recent financial shifts indicate a need for careful management. The company’s focus on wholesale distribution and diverse product offerings gives it a good foundation, but keeping a close watch on cash flow and equity will be crucial for sustained growth.

Registered in England/Wales under the registration number 08290656, with a registered address at BB5 5JW, Accrington, Lancashire, East Wing Offices, Junction 7 Business Park.

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