Express Mobile Spa Ltd

Express Mobile Spa Ltd, based in London, UK, is a small, active company established eight years ago. With just two employees and £11,184 in assets, it operates from a virtual address, managed by a single director and owner—the solo founder. The company enjoys a stellar 5.0 Google rating based on four reviews.

The business specializes in mobile spa services, offering treatments like massage, aromatherapy, facials, and waxing directly to clients in their homes, hotels, or workplaces. Its website highlights a commitment to recreating the high-end spa experience, emphasizing convenience and personalized service. They even offer bespoke packages and pamper parties, catering to a range of client needs. The website also mentions a focus on transparent service and a desire to provide a relaxing experience.

Financially, Express Mobile Spa Ltd presents a mixed picture. While bank borrowings increased significantly, cash reserves have sharply declined, dropping by 90% to just £1,500. Creditors have also risen considerably, suggesting increased short-term debt. The company’s net assets have decreased by 56%, indicating a potential strain on equity. The average number of employees has increased by 50%, which could be a positive sign of growth, but it also means higher wage expenses. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in cash and equity is concerning. No auditor is mentioned, as is typical for small, exempt companies.

Overall, Express Mobile Spa Ltd appears to be navigating a challenging financial period. While the business model seems well-received, the company needs to manage its cash flow and debt effectively to ensure its long-term sustainability.

Registered in England/Wales under the registration number 10705826, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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