Lab Factor Limited

Lab Factor Ltd from Droitwich UK: a small, active company founded eight years ago, employs eight people, and holds £1,132,323 in assets. It’s a family business with a real address and two directors/owners, operating an e-commerce site and regularly importing essential oils and perfumes (73 months of import activity). The company’s core business involves retail sale via mail order houses or via internet, and it’s a regular importer.

The company's website, LAB FACTOR, showcases a vibrant online store specializing in brow, lash, and SPMU supplies. It caters to beauty professionals, offering a wide range of products, including hybrid stains, lamination pairings, and luxury brow codes. Notably, the site actively promotes charitable partnerships, particularly with Make 2nds Count, donating proceeds from sales and hosting raffles to support secondary breast cancer research. The website also features a "Beauty Mat M2C edition" – a workstation upgrade with a charitable cause.

Financially, Lab Factor Ltd presents a mixed picture. While cash reserves increased by 67% to £190,000, net assets decreased by 3.1% to £940,000. Bank borrowings have increased significantly, reaching £69,000, which could indicate investment or working capital needs. Creditors have also increased by 47% to £260,000, and trade debtors have risen sharply by 170% to £40,000. 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. The increase in bank borrowings, combined with the rise in trade debtors, suggests the company is burning through cash, but the increase in cash reserves indicates it has some buffer.

Registered in England/Wales under the registration number 10211825, with a registered address at WR9 0NX, England, Droitwich, Unit 10 Wassage Way, Hampton Lovett.

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