Phoenix Beauty Ltd

Phoenix Beauty Ltd, based in Woking, UK, is a small holding company with an active status, established six years ago. Employing 28 people and boasting assets of £5,293,294, the company operates from a real address and is overseen by three directors and two owners. It’s a regular importer of essential oils and perfumes (52 months) and an irregular exporter (2 months).

The company’s website paints a picture of a dynamic distributor focused on bringing out the best in beauty brands. It positions itself as a "unique, dynamic, forward thinking distributor" covering the UK and Republic of Ireland, emphasizing a strong team, strategic planning, and "disruptive launches." It seems to focus on wholesale distribution rather than direct-to-consumer e-commerce, with a focus on building beauty brands for longevity. The website highlights its partnerships, latest news (including nominations and product launches), and contact information.

Financially, Phoenix Beauty Ltd shows a mixed picture. Current assets have surged by a remarkable 68%, reaching £5,300,000, while net assets have also risen substantially to £220,000. However, bank borrowings have decreased significantly, falling by 46%, and cash reserves have increased dramatically by 550%, reaching £340,000. Creditors have also increased by 34%, suggesting a reliance on trade credit. The company meets the criteria to be considered a small company, with turnover under £10.2 million and fewer than 50 employees. The accounts are unaudited, which is common for small companies.

The substantial increase in current assets and cash reserves is a positive sign, indicating improved liquidity. However, the rise in creditors suggests the company is managing its short-term obligations. The decrease in bank borrowings is also encouraging, suggesting reduced reliance on external financing. With no auditor mentioned, the figures rely on director-reported data, and the significant changes in key financial metrics warrant further monitoring.

Registered in England/Wales under the registration number 11389511, with a registered address at GU21 4SU, England, Woking, Sundial House High Street, Horsell.

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