First Cosmetics Limited

First Cosmetics Ltd, based in Leamington Spa, UK, is a small, active company founded five years ago. With just two employees and £26,578 in assets, it operates as a solo-founder venture with two directors overseeing its activities. The company maintains a real address and runs an e-commerce site, irregularly importing plastics and plastic products – its last import operation was recorded over two years ago.

The business focuses on the retail sale of cosmetic and toilet articles, operating in a specialised store setting. Its website, though not detailed, suggests a standard e-commerce operation.

Financially, First Cosmetics Ltd presents a mixed picture. Current assets have fallen by 44% to £27,000, while net assets have dropped significantly by 310% to -£14,000. Bank borrowings have increased, and cash reserves have fallen 66% to £8,100. Creditors have increased slightly, and trade debtors have decreased. The company meets the criteria to be classified as a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

The significant drop in equity raises concerns about the company’s financial health. It's possible this reflects increased investment in inventory or marketing, but without further information, it's difficult to say for sure. The irregular import activity also suggests a fluctuating supply chain, which could be a risk factor.

Registered in England/Wales under the registration number 12370588, with a registered address at CV32 4BN, England, Leamington Spa, Warwickshire, Euston House, 12 Euston Place.

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