Azadi Skincare Ltd

Azadi Skincare Ltd, based in Birmingham, UK, is a small, active company founded two years ago in 2022. It’s a solo venture, run by a single director and owner, employing just one person and operating from a virtual address shared by sixteen other companies. The company has £100,630 in assets and runs an e-commerce site selling melanin-rich skincare products. It's also an irregular importer, bringing in machinery, boilers, and mechanical appliances parts, with the last import operation recorded two months ago in October 2023.

The Azadi Skin website showcases a range of skincare products formulated for melanin-rich skin, emphasizing brightening, hydrating, and illuminating properties. The site highlights customer testimonials and emphasizes the brand’s commitment to natural ingredients and ethical practices. The company’s mission is to address the unique needs of deeper skin tones, offering a range of products designed to restore radiance and promote skin empowerment.

Financially, Azadi Skincare Ltd presents a mixed picture. While the company is small (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity has a negative balance of -£54,000. Cash reserves are stable at £24,000, but creditors have remained at £150,000. Trade debtors are a modest £4,300. The company’s net current assets liabilities are -£54,000. It's worth noting that the company is exempt from an audit, so the financial information is unaudited.

The company’s financial situation suggests it’s navigating early-stage challenges, potentially burning through cash to fuel growth. The lack of significant profits and the reliance on external funding, as indicated by the high level of creditors, could be typical for a startup in a competitive market. The director, Mrs. A Cockburn, is responsible for the company’s accounting records, and the financial statements were prepared using CCH Accounts Production 2024.100 software.

Registered in England/Wales under the registration number 14298465, with a registered address at B17 9NJ, England, Birmingham, Unit 4, The School Yard 106 High Street, Harborne.

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