Australian Balm Ltd

Australian Balm Ltd is a small, active company based in London, UK, founded four years ago in December 2020. With a real address and just one employee, the company holds £8,517 in assets and is overseen by a single director and two owners. It operates in the retail sale via mail order houses or via internet industries.

The company’s website, while not fully detailed, suggests a focus on beauty and wellness products, potentially with a niche in natural or handmade items. While no specific e-commerce details are available, the branding and product descriptions point towards a curated online store.

Financially, Australian Balm Ltd presents a mixed picture. Current assets have decreased significantly, dropping 42% to £8,500. Bank balances have also taken a hit, falling 63% to £3,100. Debtors have shrunk by a substantial 66%, while creditors remain steady at £100,000. Equity has declined by 8.5%, resulting in a net assets position of -£100,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decrease in assets and the negative equity are concerning. Depreciation has increased, which is a bit odd, and the company’s plant and machinery have also decreased.

Despite these challenges, the company’s continued operation and the absence of any reported legal issues suggest a degree of resilience. The lack of an auditor mentioned (likely exempt due to its size) means the figures are unaudited, so it’s important to view them with caution.

Registered in England/Wales under the registration number 13079028, with a registered address at SW5 0AZ, England, London, 26 Gledhow Gardens.

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