Cryosthetics Ltd

Cryosthetics Ltd, based in Littlehampton, UK, is a small, active company founded eleven years ago in 2014. With eight employees and £212,373 in assets, it operates from a virtual address – nineteen companies registered at the same location – and is led by a solo founder who also serves as director and owner. The company enjoys a perfect 5.0 Google rating from 38 reviews. It regularly imports and exports optical and medical tools and devices, with 43 months of import activity and 5 months of export activity recorded.

The company’s website, Cryosthetics Aesthetic, showcases a range of beauty, medical devices, and training products, including PURAXEL, CooLift, CryoGlobes, and CryoPen. It positions itself as a provider of advanced aesthetic solutions, offering training courses and equipment for skin rejuvenation, hair removal, and body contouring. The site emphasizes ROI for clients and features a salon locator tool to connect customers with certified providers.

Financially, Cryosthetics Ltd shows some concerning trends. Current assets have decreased by 15% to £210,000, while net assets have fallen by 23% to £110,000. Bank borrowings have also decreased, dropping by 16% to £29,000. However, trade debtors have surged by 170%, suggesting potential issues with customer payments. 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 agility, but the decline in equity raises questions. As a small company, it is exempt from an audit, so the financial information is unaudited.

It's clear that Cryosthetics Ltd is navigating a period of change, balancing its innovative product offerings with financial pressures. The company’s reliance on a single founder and its virtual address could also present challenges for long-term sustainability.

Registered in England/Wales under the registration number 08987505, with a registered address at BN16 3BZ, England, Littlehampton, West Sussex, 2/4 Ash Lane, Rustington.

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