Online Wellness Limited
- Small
- Active
- 5 years
- 6 employees
- £920,910 (assets)
- Real address
- 2 directors
- 1 owner
- Irregular importer
- Regular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Online Wellness Ltd from Edgware UK: a small, active company founded five years ago, employs six people, and holds £920,910 in assets. It’s a real address with two directors and one owner, operating an e-commerce site and regularly exporting essential oils and perfumes (56 months), though importing them less frequently (2 months). The company specializes in retail sales via mail order and the internet, and is a pioneer in the Indian professional beauty industry.
The website, Oneline Wellness, is a bustling online marketplace for beauty and wellness professionals. It’s a bit overwhelming, but it’s clear they’re focused on providing salon-quality facial kits, treatments, and professional-use products—particularly the Remy Laure brand. The site offers everything from starter facial kits to DNA beauty creams, and even provides training and certification programs for beauticians. There's a strong emphasis on education and support, with webinars, academy training, and a dedicated customer support team. It’s a full-service platform, aiming to be a one-stop shop for beauty professionals.
Financially, Online Wellness Ltd’s recent reports show some concerning trends. Accumulated depreciation increased by 36%, and bank overdrafts decreased significantly by 62%, which is good. However, amounts owed to group undertakings jumped 180%, and creditors increased by 25%. Cash bank on hand fell by 80%, a rather large drop. The number of employees also increased by 67%, which could be a sign of growth, but it also means higher payroll costs. Trade debtors decreased by 18%, which is positive. The company’s small size—meeting two of three conditions for being a small company—helps it remain flexible, but the rise in debt and decline in cash reserves suggests it might be burning through money. It’s worth noting that the accounts are unaudited, and the company is exempt from audit. The company's net assets, however, did increase by 23%, which is a positive sign.
Registered in England/Wales under the registration number 12286014, with a registered address at HA8 8HU, United Kingdom, Edgware, Middlesex, 13 Compass Close Glendale Avenue.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Shah Nihar Praful
- 5 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Shah Paras
- 4 years
-
Resident of United Kingdom
-
Individual
- Shah Nihar Praful
- 5 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2024-09-30Download 5 pages pdf report
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Confirmation statement made on 2024-08-29 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-09-30Download 5 pages pdf report
Importer profile by HS codes
Last imported products
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Exporter profile by HS codes
Last exported products
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FAQ about Online Wellness Limited
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