Fragrances Uk Limited

Fragrances UK Limited, based in Lincoln, UK, is a small, active company founded 14 years ago in 2010. With 39 employees and £645,050 in assets, it operates from a real address and is led by two directors and a single owner – a solo founder. The company regularly imports paper and paperboard products, with four months of import activity, and exports essential oils and perfumes, also over four months.

The company’s website showcases a contract manufacturing business focused on fragrance and beauty products. It offers services ranging from creative concepts and research to manufacturing and quality assurance, essentially bringing clients' formulations to life. A “What’s New” section highlights ongoing improvements to production capabilities, suggesting a commitment to innovation. The site’s professional design and clear description of services indicate a focus on building trust with potential clients. It’s a B2B operation, not an e-commerce site selling directly to consumers.

Financially, Fragrances UK Limited shows a mixed picture. Current assets have grown by 18% to £650,000, while net assets have decreased by 14% to £320,000. Creditors have increased significantly, rising 59% to £690,000 within a year, which could indicate increased investment in materials or expansion. Net current assets and liabilities have turned negative, dropping 140% to -£41,000. While bank borrowings are not mentioned, the increase in creditors suggests a reliance on short-term financing. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, likely due to the small company exemption.

Overall, Fragrances UK Limited appears to be a growing business, but the increase in creditors and negative net current assets and liabilities suggest it may be burning through cash faster than it’s generating revenue. The company’s focus on contract manufacturing and its commitment to quality and innovation should help it navigate these challenges, but careful financial management will be essential for long-term success.

Registered in England/Wales under the registration number 07453248, with a registered address at LN4 3AQ, England, Lincoln, Fragrances Uk Fen Lane, Metheringham.

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