Oscar Charles Ltd

Oscar Charles Ltd from Knutsford UK: a small, active company founded seven years ago, employs four people, and holds £306,826 in assets. It operates from a virtual address – registered at a location shared by sixty-seven other companies – and is managed by one director and one owner. The business runs an e-commerce site, selling beauty products, and regularly imports miscellaneous manufactured goods, with the latest shipment arriving in August 2024.

The company’s website, Oscar Charles Beauty, showcases a range of makeup brush sets, skincare products, and beauty accessories. It emphasizes ethically made, vegan, and cruelty-free products, targeting customers seeking high-quality beauty solutions. The site’s design and product descriptions highlight a focus on professional-grade brushes and effective skincare formulations, suggesting a brand aiming for a premium positioning in the beauty market.

Financially, Oscar Charles Ltd presents a mixed picture. Current assets have fallen by 31% to £310,000, while net assets have also declined by 12% to £250,000. Bank borrowings have dramatically decreased by 87%, falling to £10,000, and cash reserves have plummeted 72%, ending at £48,000. Creditors have also seen a significant decrease, falling 65% to £17,000, which could indicate improved debt management. However, the sharp drop in cash reserves and the decrease in overall assets raise concerns about the company’s liquidity. The company’s small size—meeting two of three conditions for being a small company—allows for agility, but the financial pressures are evident. As a small company, it is exempt from an audit, so the figures are unaudited.

The decrease in bank borrowings could be a positive sign, suggesting the company has reduced its reliance on debt. However, the decrease in cash reserves and the decline in overall assets warrant closer monitoring. The company's success will likely depend on maintaining its online sales and effectively managing its inventory levels.

Registered in England/Wales under the registration number 11070801, with a registered address at WA16 6DD, England, Knutsford, Cheshire, Suite 3 12 Princess Street.

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