Atik Perfumes Ltd

Atik Perfumes Ltd, based in Leicester, UK, is a small, active company founded four years ago. With a single employee and £3,033 in assets, it’s a solo venture led by a director and owner, Iqbal Atik. The company boasts a stellar 5.0 Google rating from 14 reviews, suggesting high customer satisfaction.

Atik Perfumes operates primarily in the retail sale of cosmetic and toilet articles, both online and through marketplaces. The company’s website, Atik's Shop Online, showcases a range of "inspired by" perfumes, air fresheners, and roll-ons, emphasizing affordability and quality. The site actively promotes its products with appealing visuals and descriptions, and offers free shipping across mainland UK. It’s clear the business is focused on e-commerce, with a modern, user-friendly design and a focus on online marketing.

Financially, Atik Perfumes Ltd presents a mixed picture. While gross profit loss increased significantly by 190% to £13,000, operating profit loss plummeted to -£490, indicating increased costs. Administrative expenses have also risen considerably, jumping 150% to £4,000. Cash bank on hand improved by 47% to £3,000, but net assets have declined by 38% to £550. Trade creditors have decreased by 67%, which is a positive sign, but the overall trend suggests the company is burning through cash. The business meets two of the three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and only one employee. With no auditor mentioned, the financial statements are unaudited.

It seems Atik Perfumes is experiencing growing pains, with increased sales not translating into profit. The company’s reliance on online sales and affordable fragrances positions it well in a competitive market, but managing costs will be crucial for long-term sustainability.

Registered in England/Wales under the registration number 13268513, with a registered address at LE2 0UP, England, Leicester, Flat 43 Maxfield House, Neptune Close.

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