Celessence International Limited

Celessence International Ltd, based in Rochester, UK, is a small, active company established 17 years ago. With 12 employees and £728,858 in assets, it operates from a real address and is overseen by two directors and owners. The company regularly imports miscellaneous chemical products, with the latest import occurring in May 2024. Notably, it hasn’t exported anything in the last 51 months.

The company’s website highlights a lifestyle technology focused on fragrance and nature, aiming to add wellbeing, beauty, and joy to everyday things. It's partnered with Variety Disability Sports Awards and Tesco, and is also promoting towels from ASDA and ways to keep cool during the summer. The website also mentions Celessence Technologies, indicating a possible parent company or related entity.

Financially, Celessence International Ltd presents a mixed picture. Accumulated depreciation on plant and machinery increased by 44%, while bank borrowings decreased by 11%. Cash reserves took a significant hit, dropping 59% to £170,000. Current assets also declined by 22%, and net assets plummeted 24%. Despite this, creditors decreased by 11%, suggesting improved debt management. 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. The unaudited accounts, prepared using VT Final Accounts software, don’t mention an auditor.

While the company's focus on lifestyle technology and partnerships suggests a forward-thinking approach, the decline in cash and assets raises questions. The decrease in bank borrowings is a positive sign, but the company will need to carefully manage its resources to ensure its long-term financial health.

Registered in England/Wales under the registration number 06453686, with a registered address at ME2 4LY, Rochester, Kent, Unit 3 Arden Business Park Enterprise Close, Medway City Estate.

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