Black Magic Tanning Uk Limited

Black Magic Tanning Uk Ltd from Warrington UK is a small company with an active status, established eleven years ago. While the business is still operating, accounts are overdue for the last two years, and confirmation statements are also outstanding. The company holds £10,285 in assets and operates from a real address, managed by a single director and owner, who is also the solo founder. It’s an irregular importer, primarily dealing with essential oils and perfumes, with just one month of imports recorded as of February 6, 2017. The company operates within the hairdressing and beauty treatment industries.

The company’s website showcases a range of professional tanning solutions, equipment, and training. It’s clearly focused on serving tanning professionals, offering solutions for competition tanning, beauty pageants, and photoshoots. The site’s extensive product catalog includes various tanning lotions, spray tan machines, extraction tents, and training courses—a testament to its commitment to the industry. The website also features a blog with helpful tips and advice for tanning professionals. It seems to be an e-commerce business, with a focus on professional sales and a wide range of products.

Financially, Black Magic Tanning Uk Ltd presents a mixed picture. Current assets have increased significantly, jumping 92% to £10,000. However, net assets have decreased by a substantial 38%, now standing at -£27,000. Bank borrowings have surged by a staggering 2,400%, reaching £29,000, while cash reserves have fallen 30% to £280. Creditors have remained relatively stable, decreasing only slightly by 18%. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to the small company exemption.

The company's recent financial performance suggests it's facing some challenges. While current assets have improved, the significant decrease in net assets and the increase in bank borrowings indicate a potential cash flow strain. The reliance on creditors also suggests a need for careful financial management. Despite these challenges, the company's focus on professional tanning solutions and its active online presence suggest it has the potential to overcome these hurdles and continue to thrive.

Registered in England/Wales under the registration number 08922264, with a registered address at WA4 6AX, England, Warrington, 16 Irwell Road.

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