Easyskinz Ltd

Easyskinz Ltd from Fareham UK is a small, active company founded ten years ago in December 2014. Employing nine people, it holds £468,245 in assets and operates from a real address. The company is led by four directors, though no owners are officially listed, likely one of the directors. It runs an e-commerce site and regularly imports glass and glassware (five months of imports, latest in September 2024), while irregularly exporting footwear and related items (two months of exports, latest in January 2021).

The company's website, Qskinz, specializes in protective skins for smartphones, tablets, laptops, and game consoles. It offers a wide range of designs and caters to various brands, including iPhone, Samsung Galaxy, Google Pixel, and more. The site emphasizes British craftsmanship, award-winning designs, and a commitment to quality. It even highlights a "Reading List" blog with articles on tech trends and skin design.

Financially, Easyskinz Ltd presents a mixed picture. While cash bank on hand remains steady at £480,000, current assets have decreased by 4.4% to £470,000. Bank overdrafts have significantly increased by 150% to £160,000, and trade debtors have skyrocketed by 460% to -£29,000—a worrying sign of delayed payments. Creditors, however, have fallen by 30%, suggesting better management of short-term debts. The company's small size (meeting two of three criteria for being small) helps it remain flexible, but the sharp increase in overdrafts and the negative debtors are concerning. The unaudited accounts, as is typical for small companies, rely on director-reported data.

The company’s equity has increased by 3.5%, however, the significant increase in bank borrowings and the negative debtors suggest that the company may be burning through cash faster than it’s generating revenue. It's possible that the company is investing heavily in marketing or expanding its product line, but the trend warrants close monitoring.

Registered in England/Wales under the registration number 09350906, with a registered address at PO16 0SU, England, Fareham, Unit 5 Salterns Lane.

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