Aspects Beauty Company Limited

Aspects Beauty Company Ltd, based in East Sussex, UK, is a substantial player in the fragrance and cosmetics wholesale industry. Founded 31 years ago, this holding company employs 129 people and manages assets totaling £6,194,400, generating a yearly revenue of £16,711,622. While boasting a 5.0 Google rating from six reviews, the company operates from a virtual address where 29 other companies are registered, raising questions about its physical location. It’s led by six directors and has one owner, and regularly imports and exports essential oils and perfumes – 57 months of import activity and 12 months of export activity.

The company’s website, while not explicitly detailed in the report, likely functions as a B2B platform for wholesale clients, given its focus on fragrance and cosmetics distribution. It's probable that Aspects Beauty doesn't engage in direct-to-consumer e-commerce, instead serving retailers and other businesses.

Financially, Aspects Beauty shows a mixed picture. Current assets have increased by a healthy 28%, reaching £6,200,000, while net assets have grown significantly by 16%, hitting £5,500,000. Bank borrowings have decreased by 10%, indicating better debt management, and cash reserves have doubled to £3,000,000. However, administrative expenses have increased by 14%, reaching £5,000,000, and trade debtors have increased by 14% to £1,600,000, suggesting potential issues with customer payments. The company’s large size (meeting two of three criteria for a large company) suggests it’s a significant player in its sector. The lack of auditor information suggests the company is exempt from a full audit.

The increase in administrative expenses, while concerning, could be due to investments in expanding operations or marketing efforts. The growth in trade debtors warrants closer monitoring to ensure timely payments. Overall, Aspects Beauty appears to be a financially stable company with strong assets and revenue, though it faces the typical challenges of managing expenses and maintaining healthy cash flow.

Registered in England/Wales under the registration number 02882953, with a registered address at BN21 3XE, East Sussex, Railview Lofts, 19c Commercial, Road, Eastbourne.

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