Possibility Of London Ltd

Possibility of London Ltd is a small, family-run business based in London, UK, with an active status. Founded nine years ago in 2015, the company employs four people and holds £335,576 in assets. It operates from a virtual address, a detail that’s worth noting as 28,807 other companies are also registered there. Two directors and two owners—Gaughan Bridget Veronica and Gaughan Norah Gabrielle—are at the helm, overseeing a business that imports miscellaneous chemical products and exports essential oils and perfumes.

The company’s website, Possibility of London Bath, Body Fragrance Products, showcases a range of bath, body, and fragrance products, sold online. It’s a full-fledged e-commerce operation, with a focus on gifts and seasonal sets. The site highlights a variety of products, from hand cleansers to luxury bubble baths, and emphasizes ready-to-be-tempted fragrances.

Financially, Possibility of London Ltd shows a mixed picture. Current assets increased by 16% to £340,000, while net assets grew by 36% to £33,000. Bank borrowings increased slightly by 2.6% to £64,000. Creditors also rose by 18% to £270,000. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—helps it stay nimble, but the increase in creditors suggests a reliance on credit. The company operates under the small companies regime, so there’s no audit mentioned. The increase in trade debtors by 35% is a little concerning, but it could be a result of expanding credit terms. Overall, Possibility of London Ltd seems to be holding its own, but keeping a close eye on its debt management will be key.

Registered in England/Wales under the registration number 09742897, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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