Epiderma Distribution Ltd

Epiderma Distribution Ltd is a small, active company based in Manchester, UK, founded six years ago in 2018. It employs fifteen people and holds £1,373,463 in assets, generating a yearly revenue of £5,215,879. Despite its size, the company operates from a real address, although it notably lacks both directors and owners – a somewhat unusual situation. Accounts are overdue by a year, and confirmation statements are two years behind, which is something to keep an eye on.

The company’s website isn’s available, so it’s hard to tell exactly what they do. However, the report indicates they operate in wholesale of perfume and cosmetics, non-specialised wholesale trade, and retail sale via mail order houses or via internet industries. This suggests a mix of B2B and B2C activities, possibly with a focus on online sales.

Financially, Epiderma Distribution Ltd shows a mixed picture. While turnover increased by a healthy 37% to £5,200,000, net losses deepened from an unknown amount to -£710,000. Cash reserves fell 56% to £390,000, and trade debtors increased significantly by 87% to £590,000, which could indicate difficulties collecting payments. However, creditors decreased by 16%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the substantial loss raises questions about its long-term sustainability. The increase in average employees from fifteen to eighteen is also worth noting, which could be a sign of growth or increased workload.

The company’s property, plant, and equipment increased by 42% to £510,000, and depreciation charges also rose, reflecting investments in its operations. The lack of an auditor (likely exempt as a small company) means the figures are unaudited, and rely on director-reported data. Overall, Epiderma Distribution Ltd appears to be facing challenges despite its revenue growth, and it’s important to monitor its financial performance closely.

Registered in England/Wales under the registration number 11639267, with a registered address at M13 0QE, England, Manchester, 2-4 Slade Lane Slade Lane.

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