Facegym Ltd

Facegym Ltd, a London-based company, is a holding company with an active status, having been established fourteen years ago in 2011. Employing 118 people, the company boasts assets of £2,359,510 and generates revenue of £8,077,067 annually. It operates from a real address in London and is overseen by three directors and one owner. A key feature is its e-commerce site, alongside regular import and export activities involving optical and medical tools and devices—spanning 44 months of imports and 33 months of exports.

The company’s website showcases a unique fitness concept: facial workouts combining muscle training, advanced tech tools, and skincare. It offers a range of products, including workout tools, skincare lines, and gift sets, catering to a clientele seeking sculpted and revitalized skin. Facegym emphasizes its award-winning skincare and clinically proven tools, promising non-invasive facelifts and immediate results.

Financially, Facegym Ltd shows a mixed picture. While turnover increased by a modest 4%, net assets decreased by 14% to -£27 million. Bank borrowings increased significantly by 19%, reaching £28 million, and cash reserves decreased by 20% to £320,000. Creditors also rose by 18%, suggesting potential pressures on working capital. Despite these challenges, the company’s focus on a niche market—facial fitness—and its strong online presence could provide a buffer. The lack of an auditor mentioned likely reflects its status as a small company, relying on unaudited accounts.

The company’s growth in accrued liabilities and deferred income by 19% might indicate a strategy of managing cash flow, but the decrease in finished goods and goods for resale by 45% suggests potential supply chain issues or a shift in inventory management. Overall, Facegym Ltd is navigating a competitive landscape, balancing innovation with financial stability.

Registered in England/Wales under the registration number 07544240, with a registered address at W1F 7TA, England, London, 6th Floor 1-4 Argyll Street.

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