Dermacare Direct Ltd

Dermacare Direct Ltd from Leicestershire UK is a small, active company founded 16 years ago. With six employees and £446,149 in assets, it’s a family business operating from a real address. Two directors and two owners manage the company, which has a stellar 5.0 Google rating based on 192 reviews. The business runs an e-commerce site and regularly imports essential oils and perfumes (for 6 months) and exports clothing and accessories (for 4 months). It operates in the retail sale via mail order houses or via internet, the hairdressing and other beauty treatment industries.

The company’s website isn’s particularly detailed, but it does confirm the e-commerce focus, selling cosmetics and beauty products. It appears to be a straightforward online retail operation, with no obvious secondary ventures.

Financially, Dermacare Direct Ltd presents a mixed picture. While the company is small (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), there are some concerning trends. Cash bank on hand dropped by 15% to £270,000, and net assets decreased by 11% to £370,000. Trade debtors fell by a significant 80%, which could be a good sign of improved collections, but also suggests a decrease in sales. Other creditors increased by 76% to £29,000, and the company’s net current assets decreased by 12% to £360,000. The company’s increase from depreciation charge for property plant equipment remained constant. There was no auditor mentioned, likely exempt as a small company.

Overall, Dermacare Direct Ltd seems to be navigating a period of change. While the strong Google rating and e-commerce presence are positive, the declining cash reserves and increasing creditors suggest the company is burning through money. It's unclear if this is a temporary setback or a sign of longer-term financial challenges, but it’s something to watch closely.

Registered in England/Wales under the registration number 06793801, with a registered address at LE2 2FB, England, Leicestershire, Stoughton Grange No. 8, Gartree Road.

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