Face Blanc Ltd

Face Blanc Ltd, based in London UK, is a small, active company founded twelve years ago in 2012. Employing ten people and holding assets of £628,183, it operates from a real address and is led by one director and two owners. The company is a regular importer and exporter, specializing in leather goods, travel bags, and animal harnesses – importing for nine months and exporting for a substantial sixty-four months, with the last export operation recorded in October 2024. Face Blanc Ltd's activities are centered around retail sale via mail order houses or via internet.

While the company’s website is currently unavailable, its business model suggests a focus on online retail, potentially with a curated selection of leather goods and accessories. It's likely the company has an e-commerce presence, although details are scarce.

Financially, Face Blanc Ltd presents a mixed picture. Current assets have decreased by 21%, falling to £630,000, while net assets have also dropped by 30%, settling at £180,000. Bank borrowings have decreased by 25%, reaching £28,000, and cash reserves have plummeted 86%, leaving just £5,700. Trade debtors have increased by 33%, suggesting potential issues with customer payments, and creditors have also decreased by 7.8%. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the significant drop in equity is a cause for concern. No auditor is mentioned, which is typical for small companies, and the accounts are unaudited.

Overall, Face Blanc Ltd appears to be facing financial headwinds. The decrease in assets and cash reserves, coupled with the rise in trade debtors, suggests the company is burning through money. It's possible that the company is struggling to maintain profitability, or that it has made significant investments in inventory or marketing. The decrease in bank borrowings is a positive sign, but it doesn's fully offset the other challenges.

Registered in England/Wales under the registration number 08264368, with a registered address at SW18 4GQ, England, London, Lu 229, The Lightbulb 1 Filament Walk.

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