Florence Organics Ltd

Florence Organics Ltd, based in East Grinstead, UK, is a small, active company founded seven years ago in 2018. With two employees and £1,344,643 in assets, it operates from a virtual address—a point worth noting as 112 companies share the same location. The business is owned and directed by Floris Giampaolo and Vidili Antonio. It’s an irregular importer, primarily dealing in plastics and plastic products, with its last import activity recorded one month ago in May 2022.

Florence Organics specializes in the wholesale of perfume and cosmetics, as well as the retail sale of cosmetic and toilet articles, both online and through mail order. Its website showcases a range of bio cosmetics made in Italy, including serums and creams enriched with ingredients like Vitamin C and hyaluronic acid. The site emphasizes quality, organic ingredients, and a focus on anti-aging and skin health, with detailed product descriptions and customer testimonials. It’s a clear e-commerce operation, designed to attract international customers.

Financially, Florence Organics Ltd presents a mixed picture. Current assets have decreased by 9.4% to £1,300,000, while net assets have also fallen by 8.4% to £1,300,000. Bank borrowings have plummeted by a massive 100%, leaving the company with just £7. Cash reserves have also dropped by 35% to £430,000. Trade debtors have increased significantly by 110%, which could indicate a growth in sales, but also a potential risk of delayed payments. Creditors have also risen by 17%, suggesting increased short-term liabilities. The company's small size—meeting two of three criteria for a small company—helps it stay nimble, but the decrease in equity raises questions. There’s no mention of an auditor, likely due to its status as a small company.

Overall, Florence Organics Ltd seems to be navigating a period of change. While its e-commerce operations appear vibrant and its products well-received, the financial data suggests a need for careful management. The reliance on a virtual address and the fluctuating debtor and creditor balances warrant close monitoring.

Registered in England/Wales under the registration number 11254819, with a registered address at RH19 2EN, United Kingdom, East Grinstead, West Sussex, Office 5 The Round House, Dormans Park Road.

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