Rodial Ltd

Rodial Ltd, a London-based company established 26 years ago, is a sizable player in the beauty industry, boasting 55 employees and £4.8 million in assets. The active status and real address suggest a stable operation, with three directors and two owners steering the ship. The company’s core business revolves around retail sales of cosmetic and toilet articles, operating through a well-designed e-commerce site. It regularly imports plastics and plastic products (196 months) and exports essential oils and perfumes (183 months), indicating a diverse supply chain.

The company’s financial picture presents a mixed bag. While turnover remained steady at £9.4 million, net assets took a significant hit, dropping 54% to £680,000. This decline is partly attributed to a 73% decrease in retained earnings and accumulated losses. Cash and cash equivalents also plummeted 77%, down to £390,000, while bank borrowings increased by 21%, reaching £2.3 million. Creditors, however, decreased by 10%, suggesting improved debt management. The company's assets are valued at £4.8 million, and the average number of employees increased slightly to 60.

The audit firm, Sopher + Co LLP, has provided an unqualified opinion on the financial statements, indicating that the accounts give a true and fair view of the company’s financial position. The decline in net assets could be due to increased investment in marketing or product development, or perhaps a temporary downturn in sales. The rise in bank borrowings suggests the company may be leveraging debt to fuel growth or manage cash flow. The increase in employees is a positive sign, indicating expansion and increased activity. Overall, Rodial Ltd remains a substantial entity in the beauty sector, but the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 03734993, with a registered address at W11 4AJ, England, London, The Studio Building 6th Floor, 21 Evesham Street.

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