Lillywhite Cosmetics Ltd

Lillywhite Cosmetics Ltd from Borehamwood UK: small company, active status, founded 2 years ago, £2,087 assets, real address, 1 director, 1 owner, solo founder. It’s a small operation, meeting two of the three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company, incorporated on May 24, 2022, operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and no number of employees published.

The company’s website, while not fully detailed, suggests a focus on cosmetics and beauty products. It's not clear if they have a fully functional e-commerce site, but the branding and product descriptions point towards online retail. It seems like they are trying to establish a brand presence, but more information would be needed to fully understand their online strategy.

Financially, Lillywhite Cosmetics Ltd is in a tricky spot. While cash reserves increased by a significant 280%, reaching £2,100, the company’s equity is deeply in the negative, sitting at -£6,600. Trade creditors have risen by 18%, now at £9,500, which could indicate a reliance on credit from suppliers. The company’s property, plant, and equipment has decreased by 33%, falling to £810, and bank borrowings have increased by 19%, reaching £9,300. It’s worth noting that the company is likely exempt from an audit due to its small size, so the figures are unaudited.

Overall, Lillywhite Cosmetics Ltd appears to be a fledgling business struggling to gain traction. The increase in cash is a positive sign, but the negative equity and rising debts suggest it's burning through money. The solo founder, Lillywhite Chloe Elsa, is likely working hard to keep the business afloat, but the lack of employees and limited assets present a challenge. It’s a small company, and that does give it some agility, but the financial pressures are evident.

Registered in England/Wales under the registration number 14126947, with a registered address at WD6 5JX, England, Borehamwood, 14 Bracken Close.

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