Golden Glow Ltd
- Small
- Active
- 9 years
- 1 employee
- £57,036 (assets)
- Real address
- 1 director
- 2 owners
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Golden Glow Ltd, based in Welling, UK, is a small, active company founded nine years ago in 2015. With a single employee and £57,036 in assets, it operates a real address and is managed by one director and two owners. The company runs an e-commerce site, offering skincare products and targeting a global customer base.
The website, Golden Glow LTD, showcases a range of skincare items, emphasizing premium quality and a focus on radiant beauty. It caters to customers in numerous countries, from Australia to the United States, offering a variety of currencies and shipping options. The site highlights a "Shop our latest products" section and encourages visitors to "Elevate your skincare," with a focus on the brand's signature "golden glow." Reviews from satisfied customers praise the products' effectiveness and boosted confidence. There's a subscription option too, offering customers the chance to stay informed about new collections and exclusive offers.
Financially, Golden Glow Ltd shows a mixed picture. While current assets are up slightly at £57,000, net assets have fallen significantly, dropping 34% to £12,000. Loans from directors have increased substantially, jumping 73% to £30,000, which could indicate investment in the business or increased borrowing to cover expenses. Cash reserves have also decreased, falling 5% to £22,000. Creditors have increased 54% to £33,000, which could be a sign of increased supplier payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited.
Overall, Golden Glow Ltd appears to be a small business navigating the challenges of growth. The increased borrowing suggests a push for expansion, but the declining equity and cash reserves raise questions about its long-term financial health. It's a bit concerning, but the positive customer reviews and global reach offer some reassurance.
Registered in England/Wales under the registration number 09576774, with a registered address at DA16 3AD, England, Welling, Kent, 43 Upper Wickham Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Humphries Karen June
- 8 years
- psc
-
Resident of United Kingdom
-
Individual
- Mulley Max John
- 8 years
- 11
- psc
-
Resident of United Kingdom
Managers
-
Individual
- Humphries Gary
- 1 year
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Termination of appointment of Karen June Humphries as a director on 2024-05-15Download 1 page pdf report
-
Total exemption full accounts made up to 2023-05-31Download 7 pages pdf report
-
Confirmation statement made on 2024-05-06 with updatesDownload 4 pages pdf report
FAQ about Golden Glow Ltd
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