Royale Argan Oil Ltd
- Small
- Active
- 2 years
- 1 employee
- £14,000 (assets)
- £30,000 (revenue)
- Real address
- 1 director
- 1 owner
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 29 days ago, a good sign to sell them something.
The owners list was changed 29 days ago, a good sign to sell them something.
Field of Operation
Website
Summary
Royale Argan Oil Ltd is a small, active company based in Greenford, UK, founded two years ago. With a single employee and £14,000 in assets, the company generates £30,000 in yearly revenue. It operates from a real address and is led by one director and owner, running an e-commerce site specializing in argan oil products.
The company's website, Royal Argan, highlights its commitment to 100% pure, organic Moroccan argan oil, emphasizing its versatility for skincare and haircare. It’s a family business passed down through generations, sourcing argan oil from a rare fruit grown only in certain areas of Morocco. The website details the oil's benefits – rich in Vitamin E and antioxidants – and its use in culinary delights, alongside a commitment to sustainable practices, working with women's cooperatives and reforestation efforts. The site also offers a 30-day refund guarantee, a sign of confidence in its product.
Financially, Royale Argan Oil Ltd shows a mixed picture. While turnover remains steady at £30,000, net assets have declined to £12,000, a decrease from the previous year. Bank borrowings have increased to £1,000, and cash reserves stand at £2,000. Creditors have remained relatively stable. The company's small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity suggests a need for careful management. The company is exempt from an audit, and the figures are unaudited.
The company's reliance on a single employee and its relatively low asset base indicate a lean operation. The recent changes to the director and owner lists, though a positive sign, could also signal adjustments to the company’s strategy. Whether Royale Argan Oil Ltd can sustain its growth and navigate these financial pressures remains to be seen, but its commitment to quality and sustainability positions it well in the competitive argan oil market.
Registered in England/Wales under the registration number 14603919, with a registered address at UB6 8BW, England, Greenford, 95 Middleton Avenue.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Faisal Mohamed
- 29 days
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Faisal Mohamed
- 29 days
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted twenty seven days ago.
Last news
-
Compulsory strike-off action has been discontinuedDownload 1 page pdf report
-
First Gazette notice for compulsory strike-offDownload 1 page pdf report
-
Notification of Mohamed Faisal as a person with significant control on 2025-04-01Download 2 pages pdf report
FAQ about Royale Argan Oil Ltd
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