Medifine Aesthetics Ltd

Medifine Aesthetics Ltd, based in Leeds, UK, is a small, active company established a decade ago in 2015. With three employees and £21,789 in assets, it’s a solo-founded operation managed by three directors and one owner, Hall Jacqueline. The business operates an e-commerce site and enjoys a perfect 5.0 Google rating from 17 reviews, a testament to its customer service. It regularly imports essential oils and perfumes, with 8 months of import activity recorded as of February 2024.

The company’s website, while not providing extensive detail, indicates a focus on skin care and aesthetic treatments. It appears to be a clinic offering various services, though the exact range isn't clearly stated. The site’s design is simple, and it’s clear the business is aiming for a professional image.

Financially, Medifine Aesthetics Ltd presents a mixed picture. Current assets have decreased by 22%, falling to £22,000, while bank balances have plummeted 56%, leaving only £5,800. Creditors have also seen a significant drop of 57%, reducing to £4,700, suggesting improved debt management. However, trade debtors have increased, reaching £1,700, which could indicate delayed customer payments. 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 – down 2.7% – is noticeable. No auditor is mentioned, likely due to the company’s exemption as a small business, meaning the financial statements are unaudited.

Overall, Medifine Aesthetics Ltd seems to be navigating a period of financial adjustment. While the e-commerce site and positive customer reviews are encouraging, the declining cash reserves and increased debtors warrant close monitoring. It’s a small business with a solid reputation, but it’s facing the challenges common to many startups and growing companies.

Registered in England/Wales under the registration number 09481955, with a registered address at LS16 5NQ, England, Leeds, West Yorkshire, 5 Hollin View.

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