Galaxy Nails Ltd

Galaxy Nails Ltd, based in Plymouth, UK, is a small, family-run business with an active status. Established nineteen years ago in 2005, it employs four people and holds £71,597 in assets. The company, with three directors and two owners (Chilcott Ian and Chilcott Amanda Jane), operates a thriving e-commerce site and regularly imports miscellaneous manufactured goods—a practice spanning fourteen months, with the most recent import in March 2021. It’s a real address, with only one other company registered there.

The Galaxy Nails website showcases a wide range of beauty products, from acrylics and gel polishes to nail tips and facial skincare. It’s a full-fledged e-commerce operation, with a focus on retail via mail order and internet sales. The site promotes free shipping over £90 and hints at future loyalty programs and Klarna payment options. It's a pretty good website.

Financially, Galaxy Nails Ltd presents a mixed picture. Current assets have declined by 23% to £72,000, while equity has also fallen by 26% to £63,000. Bank borrowings have increased by 16% to £6,400, and cash reserves have dropped significantly by 31% to £34,000. Creditors have risen by 27% to £15,000. The company meets two of the three conditions to be considered small—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—allowing it to operate under simplified accounting rules. The unaudited accounts, prepared in accordance with small companies regime, show a slight increase in depreciation, but overall, the company seems to be struggling a little bit.

Registered in England/Wales under the registration number 05644278, with a registered address at PL4 0ST, England, Plymouth, 17 Faraday Mill Business Park.

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