Scentboutique Ltd

Scentboutique Ltd from London UK: small company, active status, founded 2 years ago, 1 employee, £265 assets, virtual address, 2 directors, 1 owner, solo founder. It’s a small business, meeting two of three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company was incorporated on July 29, 2022, and currently employs just one person. The registered address is a virtual one, shared by over 10,000 other companies, which is a little unusual.

Scentboutique Ltd operates in the retail sale via mail order houses or via internet industries, suggesting an e-commerce focus. While no website is listed in the report, it's likely the company sells fragrances or related products online. It’s a niche market, and competition is fierce, but a well-executed online store could be successful.

Financially, Scentboutique Ltd is facing some challenges. Net assets are currently at a negative £12,000, indicating that liabilities exceed assets. Cash on hand is a modest £130, and creditors are £12,000. Trade debtors are £130. These numbers suggest the company is burning through cash, and it's important to monitor its cash flow closely. The company’s small size helps it stay agile, but the negative equity is a concern. There’s no auditor mentioned, which is common for small companies exempt from an audit. The accounts are abridged, meaning they provide a high-level overview but lack detailed information. It’s a little worrying that the company’s equity has remained negative since its inception.

Registered in England/Wales under the registration number 14263384, with a registered address at EC2A 4NE, United Kingdom, London, England, 86-90 Paul Street.

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