Cryodirect Ltd

Cryodirect Ltd from Hove UK is a small, active company founded six years ago. Despite its status, the company has accounts overdue for three months, employs just one person, and holds assets of £8,507. It operates from a virtual address, is managed by two directors and has one owner. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Cryodirect Ltd specializes in the retail sale via mail order houses or via internet industries. Its website, Cryosthetics, showcases a range of aesthetic, beauty, and medical devices and training products. The company offers products like PURAXEL, CooLift, CryoGlobes, and CryoPen, alongside training courses and advanced cryotherapy techniques. The site emphasizes ROI, innovation, and customer service, with a salon locator tool to help customers find local providers. They also offer finance calculator and insurance information.

Financially, Cryodirect Ltd's situation appears concerning. Cash bank on hand has plummeted by a significant 77%, dropping to just £2,200. Current assets have also decreased substantially, falling 51% to £8,500. While creditors have reduced by 25%, and trade debtors remain stable, the sharp decline in cash and assets suggests the company is burning through money. Equity has also suffered a major drop, decreasing 83% to just £1,400. The company’s reliance on a single employee and its virtual address, along with the lack of an auditor mentioned, point to a lean operation facing financial challenges. It’s a small business, but the trends suggest it needs to address its cash flow situation to ensure long-term viability.

Registered in England/Wales under the registration number 11777566, with a registered address at BN3 2DL, England, Hove, 168 Church Road.

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