Oskia Skincare Limited

Oskia Skincare Ltd from Monmouth UK: a small, active company founded 15 years ago, employs 27 people, and holds £1,746,484 in assets. It’s a real family business with four directors and two owners, regularly importing glass and glassware (14 months) and exporting essential oils and perfumes (12 months). The company operates in the retail sale of cosmetic and toilet articles in specialised stores.

The company’s website, OSKIA London, presents a sophisticated brand focused on “clinical skin nutrition.” It's clearly an e-commerce operation, offering a wide range of skincare products—moisturizers, cleansers, serums, masks—and emphasizing ingredients like retinol, vitamin C, and hyaluronic acid. The site also features a “Routine Finder” to help customers personalize their skincare regimens and highlights the company’s commitment to sustainability and biotechnology. The website also offers a loyalty program and referral scheme, and has a section dedicated to spa partners.

Financially, Oskia Skincare Ltd’s report reveals some concerning trends. Current assets decreased by 13% to £1,700,000, while net assets plummeted 71% to -£710,000. Bank borrowings increased significantly, and cash reserves fell by 38% to £38,000. Creditors also decreased, which is a positive sign. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the sharp equity drop is a worry. The company is exempt from an audit, so the figures are unaudited.

The debt-to-equity conversion, where a loan to the directors was converted into equity, is a notable event. It seems like a strategic move to reduce debt, but it also means the directors now have a larger stake in the company. Overall, Oskia Skincare Ltd seems to be facing financial pressure, despite its strong brand and e-commerce presence. It’s a company that’s holding steady, but needs to address its equity situation to ensure long-term stability.

Registered in England/Wales under the registration number 06962215, with a registered address at NP25 5JA, Wales, Monmouth, Unit 3 Techways, Wonastow Road Industrial Estate (West).

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