Beauty Stores Ltd

Beauty Stores Ltd, based in Poole, Dorset, is a small, active company founded ten years ago in 2014. With two directors and two owners, the company employs just two people and holds £1,208,063 in assets. It operates from a real address and is classified as a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s primary business is retail sale not in stores, stalls or markets, and it’s an irregular importer, with its top import category being Toys, games, and sports equipment, imported for one month, with the last operation conducted on June 01, 2023.

The company’s website, Beauty Stores Electronics Store, presents a modern e-commerce experience, emphasizing free returns and free shipping. The site features a clean design, clear product categories, and a focus on customer service. It uses cookies to provide a better user experience. The website also includes social media links and a contact form, suggesting a desire to engage with customers online. The site’s messaging highlights competitive pricing and a commitment to improving everyone's shopping experience.

Financially, Beauty Stores Ltd shows some concerning trends. Cash bank on hand has plummeted by 86%, falling to just £10,000. Creditors have also increased, with those due within one year rising by 20% to £790,000. However, debtors have increased by 28%, suggesting improved collections or extended credit terms. The company’s net assets have decreased by 3.3% to £410,000. The number of employees has doubled to four, which could be a positive sign of growth, but it also increases operating costs. Fixed assets have fallen by 31%, which may indicate depreciation or asset disposals. The company is exempt from an audit, and the accounts are abridged, so the information is unaudited.

In conclusion, Beauty Stores Ltd appears to be facing financial pressures despite its modern e-commerce presence. The decrease in cash reserves and increase in creditors are worrying signs, but the increase in debtors suggests improved collections. The company's small size and focus on online retail offer some agility, but it needs to carefully manage its finances to avoid burning through money.

Registered in England/Wales under the registration number 09149793, with a registered address at BH15 3EZ, Dorset, 23 Bailey Crescent, Poole.

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