Bty Cosmetics Ni Ltd

Bty Cosmetics Ni Ltd, based in Craigavon, UK, is a small, active company founded nine years ago in 2015. With seven employees and £89,563 in assets, it operates as a solo-founded business with one director and owner. The company runs an e-commerce site and enjoys a 4.0 Google rating from 77 reviews. It’s a regular importer of miscellaneous manufactured goods, with 18 months of import activity recorded, the latest in August 2024.

Bty Cosmetics’ website showcases a wide range of beauty products, from makeup and skincare to tanning and brushes. The site emphasizes education over influence, offering curated solutions and a blog with beauty tips. It even has its own line of luxury makeup brushes, alongside brands like E.L.F and Cosrx. The company also operates a physical store in Moira Village, Northern Ireland.

Financially, Bty Cosmetics Ni Ltd presents a mixed picture. Net assets took a hit, dropping 210% to -£30,000, while cash reserves plummeted 78% to just £10,000. Bank borrowings increased by 1.8%, reaching £39,000. On the positive side, accrued liabilities decreased by 60%, and corporation tax recoverable increased by 70%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity decline warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

While the e-commerce side appears vibrant and well-regarded, the financials suggest a company facing challenges. Whether it can navigate these pressures and sustain its growth remains to be seen—but for now, Bty Cosmetics Ni Ltd is banking on its curated approach and loyal customer base.

Registered in Northern Ireland under the registration number NI634788, with a registered address at BT67 0LQ, Northern Ireland, Craigavon, Unit 1 Rawdon Court, Moira.

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