Beautifect Ltd

Beautifect Ltd, based in London, UK, is a small, active company founded eight years ago in 2017. With four employees and £1,913,609 in assets, it operates from a virtual address – a detail highlighted by the fact that 90,937 other companies are registered at the same location. The company is led by a single director and owner, Lalvani Tara, who also serves as the solo founder. It runs an e-commerce site specializing in luxury makeup cases and accessories.

The website, Beautifect, showcases a range of products, including the award-winning Beautifect Box, mini makeup cases, mirrors, skincare items, and beauty accessories. It emphasizes a commitment to minimizing its carbon footprint by planting a tree for every Beautifect Box sold. The site also promotes its partnership with Harrods, indicating a presence in a prestigious retail environment. The site’s design and content clearly target a sophisticated customer base seeking high-quality, innovative beauty solutions.

Financially, Beautifect Ltd’s report reveals some interesting trends. While cash reserves increased by 26% to £880,000, trade debtors have surged by a staggering 390% to £200,000, suggesting potential issues with customer payments. Creditors have also risen significantly, increasing by 74% to £1.3 million, which could indicate increased reliance on short-term financing. The company's net assets increased by 14% to £380,000. The number of employees has also increased by 50%, from four to six, which may reflect growing demand or expansion of operations. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt warrants close monitoring. As a small company, it's likely exempt from a full audit, so the reported figures are unaudited.

Registered in England/Wales under the registration number 10600704, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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