Beauty Scents Ltd

Beauty Scents Ltd, based in Peterborough, UK, is a small, active company founded ten years ago in 2014. Employing just four people, it holds £41,317 in assets and generates £219,495 in yearly revenue. The company operates a real address and is managed by two directors and two owners. It has an e-commerce site and regularly imports paper and paperboard products (7 months) and exports soaps, cleaning products, and waxes (5 months).

The company’s website showcases a range of handmade scented soy candles and wax melts, available for online purchase. Customers can sign in or create an account to browse the catalogue, which is divided into categories and features 13 candle designs with 21 different scents. The site highlights local production, vegan ingredients, and the use of natural decorative elements. Customers can even book an appointment to shop in the candle studio.

Financially, Beauty Scents Ltd presents a mixed picture. Current assets have decreased by 26% to £41,000, while net assets have fallen by 55% to £12,000. Bank borrowings have increased significantly, with an overdraft rising by 310% to £13,000. However, creditors have also decreased by 6.5%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the equity decline is a concern. The company's operating profit increased by 74% to £9,500. There’s no auditor mentioned, which is common for small companies.

The decrease in assets and the increase in bank borrowings suggest the company may be burning through cash to fuel growth. However, the increased operating profit and decreased creditors indicate that the business is managing its expenses effectively. It’s likely that the company is reinvesting its revenue into marketing and product development to expand its online presence and reach new customers.

Registered in England/Wales under the registration number 09367419, with a registered address at PE1 1SA, England, Peterborough, Eco Innovation Centre, City Road.

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