Beauty Magasin Ltd

Beauty Magasin Ltd, based in Wembley, UK, is a small, active company established 11 years ago. With six employees and £2,435,628 in assets, it operates from a virtual address—a detail flagged by the presence of 21 other companies registered at the same location. The business is led by one director and one owner, Patel Gaumish, and specializes in importing essential oils and perfumes, with a consistent record of 41 months of import activity, the most recent in February 2025. It also occasionally exports pharmaceutical products, though only for two months, the last time being September 2021.

The company's website showcases a broad range of beauty products, including fragrance, haircare, skincare, cosmetics, and grooming items, catering to both commercial and individual customers. It positions itself as a distributor of branded perfumes and cosmetics, highlighting its state-of-the-art storage and distribution facilities. The website’s content suggests a focus on building brand awareness and offering expert advice on beauty trends, with sections dedicated to haircare tips, skincare insights, and grooming advice. It’s a wholesale business, not an e-commerce site.

Financially, Beauty Magasin Ltd presents a mixed picture. While cash reserves increased significantly by 400% to £170,000, other key metrics show concerning trends. Net assets decreased by 15% to £450,000, and bank borrowings surged by 58% to £93,000. Creditors also increased by 33% to £200,000. Trade debtors increased by 54% to £530,000, which could indicate difficulties in collecting payments. The company’s small size—meeting two of three conditions for classification—helps it maintain agility, but the decline in equity and increase in debt warrant closer scrutiny. No auditor is mentioned, suggesting exemption under small company regulations.

Overall, Beauty Magasin Ltd appears to be navigating a period of change. While its import business remains steady, the company's financial health shows signs of pressure, and it's important to monitor its debt levels and equity trends in the coming months.

Registered in England/Wales under the registration number 08813063, with a registered address at HA0 1EF, Wembley, Middlesex, 337 Athlon Road.

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