Perfume Plus Direct Ltd

Perfume Plus Direct Ltd from Manchester UK: a small, active company established 18 years ago, employs just one person, and holds £89,601 in assets. It’s a real address, managed by four directors, but curiously, no owners are listed. The company operates an e-commerce site, selling fragrances and cosmetics.

The business primarily focuses on retail sale via mail order houses or via internet, with a website showcasing a wide range of perfumes, aftershave, and cosmetics from well-known brands. The site also offers a selection of gift sets and skincare products, catering to both men and women. It’s a busy site, with numerous product categories and a blog section offering advice and information.

Financially, Perfume Plus Direct Ltd presents a mixed picture. Cash bank on hand has increased by 86% to £55,000, and current assets are up 47% to £90,000. However, creditors have also risen significantly, increasing by 96% to £57,000. Trade debtors have also increased by 10% to £34,000. The company’s equity remains steady at £32,000, and net assets and liabilities are also consistent. Tax and social security payable have increased by 57% to £8,100. The company is a small business, meeting two of three criteria for being small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

Despite the increase in creditors and tax liabilities, the company’s increased cash reserves and assets suggest it’s holding its own. It’s a lean operation, relying on a single employee to manage its online sales. Whether this model can sustain long-term growth remains to be seen, but for now, Perfume Plus Direct Ltd seems to be navigating the competitive online fragrance market effectively.

Registered in England/Wales under the registration number 06035227, with a registered address at M45 8GZ, England, Manchester, 61 Stanley Road, Whitefield.

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