Lakeland Cosmetics Limited

Lakeland Cosmetics Ltd, based in Workington, UK, is a small, holding company with an active status, established seventeen years ago. The company employs twenty-eight people and holds assets valued at £2,261,592. It operates from a real address and is managed by two directors and one owner, running an e-commerce site. Lakeland Cosmetics regularly imports plastics and plastic products (seventy months of import activity) and exports essential oils and perfumes (one hundred and forty-four months of export activity).

The company’s website showcases Lakeland Cosmetics as an innovative cosmetics manufacturer, specializing in vegan makeup, face paint, and hand sanitiser gel. Established in 2008, it sources ingredients from the Lake District and other parts of the UK, supplying both domestic and export markets, including retailers like Superdrug and Rossmann. The website highlights a family-run business with a focus on quality and ethical practices, never testing on animals and prioritizing vegan formulas whenever possible.

Financially, Lakeland Cosmetics Ltd shows some interesting trends. Average employee numbers increased by 46% to forty-one, while cash bank on hand decreased by 15% to £420,000. Creditors increased significantly, rising 52% to £1.1 million, and debtors increased by 77% to £850,000. Net assets, however, grew by 36% to £3.7 million. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in creditors suggests a need to manage cash flow. No auditor is mentioned, likely due to the company’s exemption as a small business.

The company's financial data also shows a significant increase in depreciation of property, plant, and equipment, which could be due to investments in new machinery or upgrades to existing facilities. The company's growth in both imports and exports indicates a strong demand for its products, but the increase in debtors may signal a need to improve its credit management practices.

Registered in England/Wales under the registration number 06516312, with a registered address at CA14 3YF, England, Workington, 1-5 Reedlands Road, Clay Flatts Industrial Estate.

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