Oh My Cream Ltd

Oh My Cream Ltd, based in London, UK, is a small, active company established four years ago. Employing seven individuals, it holds assets totaling £684,290 and operates from a virtual address, a fact highlighted by the presence of fifty companies registered at the same location. The business is led by one director and one owner, and it runs a thriving e-commerce site. It’s a regular importer and exporter of essential oils and perfumes, with 38 months of import activity and 3 months of export activity recorded.

The company’s website showcases a curated selection of clean beauty products, ranging from skincare and makeup to hair care and wellness supplements. It emphasizes a focus on high-quality ingredients and ethical sourcing, partnering with brands like Victoria Beckham Beauty, Tata Harper, and Ilia. The site also features a blog with beauty tips and expert advice, reinforcing its position as a trusted resource for conscious consumers. The website is very active with promotions like "Gifted on orders from 150 using the code SPRING25".

Financially, Oh My Cream Ltd presents a mixed picture. While net assets increased by 100% to £32,000, cash reserves decreased by 270% to £200,000. Bank borrowings increased by 65% to £1,800,000, and trade debtors decreased by 24% to £190,000. 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 agility, but the increase in bank borrowings suggests a reliance on external funding. Creditors also increased by 66% to £2,000,000, which could be a sign of growth, but also a risk. The company’s unaudited financial statements, as a small company, rely on director-reported data.

The company's continued import and export activity, coupled with its active e-commerce presence, suggests a resilient business model. However, the financial trends indicate a need for careful management of debt and cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 13270680, with a registered address at SE1 7EU, England, London, Becket House, 1 Lambeth Palace Road.

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