Citizen Cosmetics Limited

Citizen Cosmetics Limited, based in London, UK, is a small, active company established seven years ago. It holds £3,447,346 in assets and employs just one person. The company, with three directors and one owner, operates from a virtual address—a detail flagged by the fact that 341 other companies are registered at the same location. It’s an irregular importer, primarily dealing in essential oils and perfumes, with just one month of imports recorded as of May 2023. The company’s activities are described as distribution holding companies.

While the company has a website, it’s currently unavailable, making it difficult to assess its online presence and e-commerce activities.

A review of Citizen Cosmetics Limited’s financial data reveals a mixed picture. While current assets increased by 24% to £3,400,000, net assets decreased by 39% to £1,400,000. Bank borrowings have risen significantly, and cash reserves have fallen considerably. Creditors have also increased substantially. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility, but the decline in equity is a concern. The company’s trade debtors have decreased, which could be a positive sign of improved collections. As a small company, Citizen Cosmetics Limited is exempt from an audit, so the figures are unaudited.

The company’s financial performance suggests it’s navigating a challenging period. While it’s holding onto its assets, the decrease in equity and increase in debt raise questions about its long-term financial health. The lack of information on its website makes it difficult to fully assess its operations and future prospects.

Registered in England/Wales under the registration number 10824503, with a registered address at SE1 2JE, England, London, 19 The Circle, Queen Elizabeth Street.

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