Beauty Through Technology Limited

Beauty Through Technology Limited, based in Sutton Coldfield, UK, is a small, active company founded five years ago in November 2019. With just two employees and £11,099 in assets, it operates from a virtual address shared by twenty-three other companies, a bit unusual. The company is led by a single director and owner, Alexandra Cutler, and is categorized as a solo founder. It imports optical and medical tools and devices, though irregularly, with the last import activity recorded two months ago in September 2022. The company’s core business is described as operating in the “other business support service activities n.e.c.” industries.

The company's website is currently unavailable, making it difficult to ascertain its specific online presence or e-commerce activities. It's unclear if the company has an active online store or relies solely on offline sales or partnerships.

Financially, Beauty Through Technology Limited appears to be facing challenges. Current assets have fallen by 55%, dropping to £11,000, while net assets have plummeted 93%, leaving just £1,200. Cash reserves have also taken a significant hit, decreasing by 51% to £7,900. Debtors have shrunk considerably, down 63%, which could indicate improved collection efforts, or a slowdown in sales. However, creditors have also decreased substantially, by 72%, which could be a sign of better debt management, or a reduction in supplier credit. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the sharp decline in equity is a cause for concern. With no auditor mentioned, the figures are unaudited.

Overall, Beauty Through Technology Limited is a small business navigating a period of financial strain. While its niche import activity and solo founder structure offer certain advantages, the company needs to address its declining equity and cash reserves to ensure its long-term sustainability.

Registered in England/Wales under the registration number 12314552, with a registered address at B75 5BE, United Kingdom, Sutton Coldfield, West Midlands, 88 Hill Village Road, Four Oaks.

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