Lixir Skin Limited

Lixir Skin Ltd from London UK: a small, active company founded eight years ago, employs three people, and holds £155,703 in assets. It operates from a virtual address and is led by six directors and two owners, representing a family business with an e-commerce site. The company regularly exports soaps, cleaning products, and waxes, with 12 months of export activity recorded, the last operation made in February 1st, 2023.

The company's website, lixirskin.com, is a vibrant showcase for its skincare line, emphasizing a minimalist approach championed by Dr. Colette Haydon. It offers a range of products, from the "Good Skin Trio" essentials to targeted treatments like the "Night Switch" collection. Free UK shipping is offered for orders over £30, and the site prominently features customer reviews and a "Shop by Skin Concern" section. The website also offers free sachets with every order.

Financially, Lixir Skin Ltd shows some concerning trends. Current assets have decreased by 42% to £160,000, while equity has plummeted 56% to £97,000. Cash bank on hand has also significantly dropped by 65% to £53,000. Creditors have increased by 10% to £71,000, and trade debtors have fallen by 59% to £16,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in equity suggests a need for careful financial management. With no auditor mentioned, the unaudited figures rely on director-reported data.

Overall, Lixir Skin Ltd appears to be a growing, albeit financially challenged, business. While its e-commerce site and minimalist skincare philosophy are attractive, the company needs to address its declining equity and manage its cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 10685582, with a registered address at E20 1HZ, United Kingdom, London, 19th Floor 1 Westfield Avenue.

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