Pera Cosmetics Ltd

Pera Cosmetics Ltd, based in Surbiton, UK, is a small, active company established seven years ago. With three employees and £362,026 in assets, it operates from a virtual address—a detail worth noting as 123 companies share the same location. The business is led by two directors and a solo founder, Yener Dogan. It's primarily involved in the wholesale of perfume and cosmetics, importing essential oils and perfumes for a couple of months and exporting them for just one.

The company's website, peracosmetics.com, showcases a B2B platform for wholesale customers, offering a wide range of haircare, skincare, and cosmetics brands. It caters to clients in over 60 countries, emphasizing competitive pricing and efficient logistics. The site also features a blog with industry news and product spotlights, demonstrating an effort to engage with its audience.

Financially, Pera Cosmetics Ltd presents a mixed picture. While current assets increased by 62% to £360,000, net assets declined by 21% to £35,000. Cash reserves grew significantly—a whopping 340%—reaching £63,000, which is a positive sign. However, creditors have dramatically increased, jumping 1,100% to £590,000 within a year. Trade debtors decreased by 44%, which could indicate improved collection efforts. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the substantial increase in creditors warrants attention. The company's accounts are described as "filleted" and unaudited, relying on director-reported data.

The surge in creditors suggests Pera Cosmetics Ltd may be burning through cash to fuel growth, or perhaps facing increased supplier costs. The significant growth in cash reserves, however, indicates the company is able to manage its finances effectively, at least for now. It's worth noting that the company's description of principal activities is "No description of principal activity," which is a bit unusual.

Registered in England/Wales under the registration number 11110135, with a registered address at KT6 7AL, England, Surbiton, 308 Ewell Road.

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