Glow For It Limited

Glow For It Ltd, based in London, UK, is a small, active company founded just three years ago in 2022. It employs one person and boasts assets of £1,181,414. The company operates as a solo-founded venture, with one director and owner, and runs an e-commerce site specializing in vegan, cruelty-free beauty products. It’s an irregular importer, with its top import category being Leather goods, travel bags, and animal harnesses, totaling 1 month of imports, the last operation conducted on October 31, 2024.

The company’s website, Glow For It, focuses on growth serums for lashes, brows, hair, and lips, alongside other beauty essentials like tweezers, face glow sticks, and lip oils. The site emphasizes 100% vegan and cruelty-free ingredients, prostaglandin analogue-free formulations, and clinically tested serums, with a money-back guarantee. It caters to a female-owned business ethos, emphasizing ethics, sustainability, and diversity, with a strong focus on community transparency.

Financially, Glow For It Ltd shows a mixed picture. Cash bank on hand increased significantly by 170%, reaching £1,100,000, while creditors rose by 70% to £400,000. Current assets also increased by 150% to £1,200,000, suggesting a period of growth. However, retained earnings accumulated losses decreased by 240%, resulting in a net assets of £780,000. Trade debtors increased by 51% to £20,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Glow For It Ltd appears to be experiencing a period of rapid growth, but the significant changes in equity raise questions about its long-term financial stability. It’s a small business, but it’s clearly aiming high in the competitive beauty market.

Registered in England/Wales under the registration number 13971118, with a registered address at W6 0NB, England, London, 1 Lyric Square, Hammersmith.

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