Faace Limited

Faace Limited, based in Brighton, UK, is a small, active company founded six years ago in 2019. With a single employee and £90,745 in assets, it operates a real address and is led by one director and two owners—though the ownership list was changed recently, which is a good sign. The company runs an e-commerce site and regularly exports soaps, cleaning products, and waxes, with seven months of export activity recorded, the last in June 2023. It operates in the retail sale via mail order houses or via internet industries.

The website, wearefaace.com, showcases a range of skincare products targeted at hormonal skin, marketed as "doeswhatitsays." Bundles, subscriptions, and a focus on science-backed formulations are key selling points. The site also prominently features endorsements from Dragons’ Den investors, further boosting its appeal.

Financially, Faace Limited is facing some challenges. While its small size (meeting two of three criteria for a small company) offers agility, net assets have plummeted by 46% to -£560,000. Cash reserves have also decreased significantly, dropping 43% to £8,800. Trade debtors have fallen by 79%, which could be a positive sign of better collection, but creditors have surged by 2700%, reaching £200,000—a substantial increase. The company's bank borrowings have also increased. With no auditor mentioned, the figures are unaudited.

Despite these financial pressures, Faace Limited's strong brand identity and online presence suggest it's working hard to maintain momentum. The company’s focus on a specific niche—hormonal skincare—and its endorsement from high-profile investors could help it navigate these challenges and continue to grow.

Registered in England/Wales under the registration number 11782441, with a registered address at BN1 8JG, England, Brighton, East Sussex, 64 Wilmington Way.

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