Lorem Skin & Body Therapy Limited

Lorem Skin & Body Therapy Limited, based in Alresford, UK, is a small, active company founded twelve years ago in 2013. It employs just one person and holds £78,309 in assets. The company has two directors and a single owner, who is also the solo founder. It’s an irregular importer, primarily dealing in textile products, sets, used clothing, and rags, with its last import operation occurring over four years ago in 2017.

The company’s website showcases a range of skincare and wellness products, including emu balm, oil capsules, and ashwagandha-based remedies. It appears to be an e-commerce business, selling directly to consumers through its website. The site highlights the use of natural ingredients and emphasizes British craftsmanship, with a focus on traditional remedies. There’s a section dedicated to the "Lorem Collection," encouraging customers to explore the full range.

Financially, the company presents a mixed picture. While current assets have increased by 17%, net assets have decreased by a significant 41% to -£46,000. Bank borrowings have also decreased by 17%, and cash reserves have increased by 9.6%. Creditors have increased by a substantial 34%, and trade debtors have increased by 81%. 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 decline in equity raises concerns. The company is exempt from an audit, so the financial information is unaudited.

Overall, Lorem Skin & Body Therapy Limited seems to be navigating a challenging financial landscape. While its e-commerce platform appears active and well-designed, the company’s equity position suggests it's burning through money, and it’s important to keep an eye on its financial health in the coming years.

Registered in England/Wales under the registration number 08401572, with a registered address at SO24 9QF, England, Alresford, Unit B, Prospect Commercial Park.

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