Contour Laboratories Ltd

Contour Laboratories Ltd, based in London, UK, is a small, active company founded eight years ago. With just £-591 in assets, it’s a modest operation run by one director and owner. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating based on three reviews. It’s an irregular importer of plastics and plastic products, with its last import activity recorded over two years ago in December 2020.

The company’s website, Contour Laboratories, focuses on botanical skincare products designed to repair skin after surgery, injury, or burns. It offers a range of creams, solutions, and treatments targeting scar healing and pain management. The site emphasizes plant-powered ingredients, dermatological testing, and vegan-friendly formulations, catering to a niche market seeking natural skincare solutions. It’s clear the business is focused on retail sale via mail order and internet, and the website is very well designed.

Financially, Contour Laboratories Ltd presents a concerning picture. Current assets have plummeted to a negative £590, a significant drop, while net assets have also decreased to -£160,000. Bank borrowings have increased, reaching £45,000, and cash reserves are down to £240. Creditors remain relatively stable, but the overall trend suggests the company is burning through money. It meets two of three criteria to be considered a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no auditor mentioned, likely due to its small size. The directors list was changed four months ago, which is a good sign.

The company’s reliance on a small number of reviews and its negative asset position raise questions about its long-term viability. While its niche skincare focus and strong online presence are positives, the financial trends suggest it needs to address its cash flow situation to avoid further decline.

Registered in England/Wales under the registration number 10429539, with a registered address at EC1V 2NX, United Kingdom, London, 124 To 128 City Road.

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