I Love Cosmetics Limited

I Love Cosmetics Ltd from Sheffield UK: a small company, holding company, with an active status, was founded 21 years ago. It employs just three people and holds £1,932,473 in assets. The company has four directors and two owners, and operates an e-commerce site. It regularly imports soaps, cleaning products, and waxes (for 7 months), and exports essential oils and perfumes (for 163 months).

The company's website showcases a range of clean, vegan, and cruelty-free body care products. It's a fully functional e-commerce platform, allowing customers to browse and purchase items directly. The site features a variety of product categories, including bath & shower, home fragrance, hand & body care, and wellness collections, with a focus on natural ingredients and aromatherapy benefits. It offers a range of scents like rose, argan, and tonka bean, and provides a newsletter signup for updates and promotions.

Financially, I Love Cosmetics Ltd presents a mixed picture. Current assets have increased by 12%, reaching £1,900,000, while bank borrowings have decreased by 32%, now standing at £220,000. However, cash reserves have also fallen by 30%, dropping to £110,000. Creditors have increased significantly, by 47%, reaching £1,700,000. Equity has decreased by 54%, falling to £280,000. The company’s small size (meeting two of three conditions for being a small company) helps it maintain flexibility, but the decline in equity warrants attention. The company’s accounts are unaudited, and no auditor is mentioned.

The company’s financial data suggests it’s facing some challenges, potentially burning through cash faster than it’s generating revenue. While the e-commerce site appears active and well-designed, the financial trends indicate a need for careful management and potentially a focus on improving profitability.

Registered in England/Wales under the registration number 05002086, with a registered address at S8 0TB, England, Sheffield, 5 Acorn Business Park, Woodseats Close.

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