My Beauty Basement Limited

My Beauty Basement Limited, based in Doncaster, UK, is a small, active company founded three years ago. With a single employee and £955 in assets, it’s a solo venture led by a director and owner, Amy Woodward. The company enjoys a stellar 5.0 Google rating based on 106 reviews, demonstrating strong customer satisfaction.

The business operates in the retail sale via mail order houses or via internet industries, offering a wide range of beauty treatments including nails, laser hair removal, and semi-permanent makeup. Its website showcases an award-winning salon with a focus on modern aesthetics and a diverse treatment menu. The site is clearly geared towards e-commerce, with a focus on online bookings and showcasing its services.

Financially, My Beauty Basement Limited presents a mixed picture. Cash reserves decreased by 45% to £280, while creditors increased by 12% to £3,400. Current assets saw a slight increase of 16% to £960, but net losses deepened, reaching -£2,400. Inventory levels surged by 120% to £670, suggesting increased stock investment, and trade payables decreased by nearly 5%. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the decline in equity raises concerns. The accounts are unaudited, and no auditor is mentioned, which is typical for companies of this size.

Overall, My Beauty Basement Limited appears to be navigating a challenging financial landscape. While customer reviews are excellent and the business is clearly active, the negative equity suggests it’s burning through cash. It's likely that increased inventory levels are contributing to this trend, and the company will need to carefully manage its expenses to ensure long-term sustainability.

Registered in England/Wales under the registration number 13979400, with a registered address at DN2 5TB, England, Doncaster, 7 Shaw Wood Way.

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