Cult Candy Limited

Cult Candy Limited is a small, active company registered in London, UK, founded six years ago in 2018. With £57,925 in assets and a virtual address shared by over 3,000 other companies, it’s a solo-founder operation managed by one director and owner, Angela Adams. The company operates an e-commerce site specializing in the wholesale of perfume and cosmetics and retail sales via the internet. Its website, Cult Candy Cosmetics, showcases a range of vegan and cruelty-free eyeshadows and lipsticks, emphasizing empowerment and individuality—"No limits, no rules, all are embraced!"

The website highlights a focus on makeup for empowerment, with a distinct aesthetic and a connection to underground music through collaborations with artist Jazmin Bean. The site also features a "Family of Elevation" concept, emphasizing community and support—a nice touch. It's clear they're aiming for a brand identity beyond just selling cosmetics.

Financially, Cult Candy Limited presents a mixed picture. Current assets have decreased by 7.7% to £58,000, while net assets have fallen by 8.4% to -£81,000—a concerning trend. Bank overdrafts have shrunk by 26%, which is good, but bank borrowings remain steady at £14,000. Creditors have also remained steady, at £14,000. 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 flexibility, but the negative equity raises questions about its long-term viability. No auditor is mentioned, so the figures are unaudited.

Overall, Cult Candy Limited seems to be navigating the challenges of a small e-commerce business. While its brand identity and product range appear strong, the financial results suggest it's burning through cash—a common issue for startups. Whether it can achieve sustainable growth remains to be seen, but its unique approach and commitment to vegan and cruelty-free products could give it an edge.

Registered in England/Wales under the registration number 11429919, with a registered address at WC1N 3AX, England, London, 27 Old Gloucester Street.

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