Enlighten Smiles Limited

Enlighten Smiles Ltd from London UK: a small, active company founded 23 years ago, employs 46 people, and holds £3,865,648 in assets. With a real address and five directors, including one owner, the company regularly imports optical and medical tools and devices (108 months) and exports essential oils and perfumes (16 months).

The company operates in the manufacture of medical and dental instruments and supplies, the wholesale of pharmaceutical goods, and the retail sale of cosmetic and toilet articles. It’s a small company, meeting two of three criteria: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company’s website is not available, so it’s difficult to determine if it’s an e-commerce business.

Looking at the financials, there's a mixed picture. Depreciation on computer equipment increased by 12%, while furniture fittings saw an 8.2% rise. Leasehold improvements experienced a significant 31% increase, and plant and machinery rose by 11%. However, cash reserves decreased by 43% to £330,000. Creditors also increased substantially by 95%, reaching £850,000, which could be due to increased stock purchases to support imports. Trade debtors also increased by 21%, suggesting customers are taking longer to pay. Equity, however, remained relatively stable.

The company’s bank borrowings increased by 31%, which could be a sign of needing capital to manage operations. The lack of an auditor mentioned is not unusual for a small company. Overall, Enlighten Smiles Ltd appears to be facing some financial headwinds, but its established import/export activity and small size should allow it to adapt. The company’s financial health will depend on its ability to manage its creditors and improve cash flow.

Registered in England/Wales under the registration number 04302422, with a registered address at NW1 0TS, England, London, 8 Nora Leverton Court, Randolph Street.

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