Likeskin Limited

Likeskin Ltd from Swindon UK: a small, active company founded four years ago, employs seven people, and holds £441,622 in assets. It's a solo-founder operation with a real address, managed by one director and owner, and operates an e-commerce site. The company regularly imports essential oils and perfumes, with 18 months of import activity recorded, the latest in November 2024.

The website, Likeskin, is a UK online shop specializing in Korean and Japanese skincare and beauty products. It offers a wide range of cleansers, toners, serums, masks, and makeup, catering to various skin concerns like acne, dark circles, and hyperpigmentation. The site features numerous brands, including Abib, Anua, and SKIN1004, and offers free UK delivery on orders over £30. It also has a blog and offers currency options for international customers.

Financially, Likeskin Ltd presents a mixed picture. While current assets increased by 19% to £440,000, net assets also rose by 50% to £290,000. However, cash reserves decreased by 59% to £86,000, and bank borrowings increased significantly. Trade debtors rose by 150% to £140,000, suggesting delayed customer payments or expanded credit terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s increased debt and decreased cash reserves might indicate a period of rapid growth and investment, or perhaps a need to manage cash flow more effectively. It's clear that Likeskin Ltd is a thriving e-commerce business, but its long-term financial health will depend on its ability to maintain sales and manage its finances prudently.

Registered in England/Wales under the registration number 12697547, with a registered address at SN2 2QP, England, Swindon, Unit 2 Ravenseft Park, Cheney Manor.

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