Gloryal London Ltd

Gloryal London Ltd from London UK: a small, active company founded three years ago, boasts £5,635 in assets, and operates as a family business with an e-commerce site. With two directors and two owners, the company is a tight-knit operation based at a real address shared by six other businesses.

The company specializes in retail sales via mail order and internet, offering a range of skincare products marketed as premium care with clinically proven effectiveness. Their website highlights biofermentation, microencapsulation, and neurocosmetic innovations, emphasizing scientifically proven results and pure ingredients free from parabens and sulfates. Customer reviews are overwhelmingly positive, praising the products' effectiveness and instant results.

Financially, Gloryal London Ltd presents a mixed picture. Current assets have increased significantly, jumping 2500% to £5,600, while net assets decreased by 56% to -£39,000. Bank borrowings have risen sharply, reaching £69,000, and cash reserves have improved by 370% to £1,000. Creditors have also increased by 39% to £69,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity suggests a need for careful financial management. As a small company, it's exempt from an audit, and the figures are unaudited.

It's likely the increase in bank borrowings is supporting growth of the e-commerce business, and the decrease in equity could be due to reinvestment in the company. The company seems to be doing well in terms of sales and customer satisfaction, but needs to manage its debt effectively to ensure long-term sustainability.

Registered in England/Wales under the registration number 13895655, with a registered address at W3 0EG, England, London, 1 Monks Drive.

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