Olivia Grace Home Fragrance Ltd

Olivia Grace Home Fragrance Ltd from Chester UK: small company, active status, founded 3 years ago, 2 employees, £11,158 assets, virtual address, 2 directors, 2 owners, e-commerce site. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company operates in the retail sale via stalls and markets of other goods, the retail sale via mail order houses or via internet industries. Officially, it has two owners or PSCs, two directors, and two employees.

The company’s website showcases a curated selection of womenswear, featuring brands like Marc Cain, Oui, and Greek Archaic Kori. It’s clearly an e-commerce operation, offering a range of clothing, accessories, and home fragrance items. The site has a clean, modern design and emphasizes stylish, innovative pieces. It's a boutique-style online store, catering to customers seeking carefully selected fashion.

Financially, Olivia Grace Home Fragrance Ltd presents a mixed picture. Cash bank on hand increased dramatically, jumping 240% to £10,000, which is a good sign. However, net assets plummeted 760% to just £4,900, and net current assets and liabilities decreased by 570% to £4,700. Trade creditors rose 43% to £6,500, suggesting a reliance on credit from suppliers. The company’s small size and lack of employees (just two reported) mean it's likely operating with minimal overhead, but the sharp decline in equity is a cause for concern. With no auditor mentioned, the figures are unaudited.

It appears Olivia Grace Home Fragrance Ltd is navigating early-stage challenges. The increase in cash is encouraging, but the significant drop in equity and reliance on credit suggest the business is burning through money. Whether the e-commerce operation can sustain growth and profitability remains to be seen.

Registered in England/Wales under the registration number 13924743, with a registered address at CH1 3AE, United Kingdom, Chester, Cheshire, 45 City Road.

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