Good Skin North East Ltd

Good Skin North East Ltd, based in Blyth, UK, is a small, active company founded two years ago. With a single employee and a real address, it's a solo-founded venture led by one director and owner. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating from 22 reviews.

The website, Good Skin, focuses on anti-wrinkle patches, exfoliating gloves, and related skincare products. It offers a range of bundles and customisable options, shipping internationally and catering to sensitive skin. The site emphasizes reusable, medical-grade silicone patches and wands, positioning itself as a provider of non-invasive, doctor-approved anti-aging solutions. The mission statement highlights "honouring those perfect imperfections" and promoting a positive self-image.

Financially, Good Skin North East Ltd shows a mixed picture. Cash reserves have impressively grown by 260%, reaching £120,000, which is a positive sign. However, bank borrowings have also increased significantly, jumping to £32,000. Creditors have risen by 230%, and other taxation and social security payable has spiked by a staggering 1,300%. Despite these challenges, net assets have increased by 410% to £37,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 25 employees. The accounts are unaudited, as is common for small companies.

It seems Good Skin North East Ltd is experiencing rapid growth, which may be driving up its short-term liabilities. The substantial increase in bank borrowings and other payable suggests the company is investing heavily in its business, perhaps to meet increased demand or expand its product line. It’s also worth noting that the company’s rapid growth could be stretching its resources, leading to increased debt.

Registered in England/Wales under the registration number 14056362, with a registered address at NE24 4UP, England, Blyth, Northumberland, 8 Maidstone Road.

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