Nail Perfection Limited

Nail Perfection Ltd from Gravesend UK: a small, active company established thirteen years ago, employs twelve people, and holds £99,043 in assets. It’s a family business with four directors and two owners, operating from a real address. The company regularly imports essential oils and perfumes (for ten months) and exports miscellaneous manufactured goods (for twenty-two months).

The company operates in the other manufacturing n.e.c., and the wholesale of perfume and cosmetics industries. Officially, it has two owners or PSCs, four directors, and twelve employees. Its small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile.

A look at the company’s finances reveals some interesting trends. Current assets have decreased by 14%, dropping to £99,000, while net assets also declined, falling to -£120. Bank borrowings have increased, reaching £53,000, and cash reserves have fallen 10% to £24,000. Creditors have also decreased by 37%, suggesting improved debt management. The company’s raw materials have decreased by 9.1% to £50,000. The company’s trade debtors have decreased by 42%, which could be a good sign.

The company's equity has remained constant, with a small increase in retained earnings. The company has a depreciation charge for its property, plant, and equipment, which is 25% on reducing balance. The company’s statement of compliance with applicable reporting framework states that the financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A.

No auditor is mentioned, which is likely due to the company being exempt as a small company. The figures rely on unaudited statements.

Registered in England/Wales under the registration number 07865045, with a registered address at DA12 2PA, England, Gravesend, Kent, Unit 15 Canal Industrial Park, Canal Road.

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