Secretlotus Soap Ltd

Secretlotus Soap Ltd is a small, active company based in London, UK, founded four years ago in September 2020. It’s a solo-founder operation with two employees, a real registered address, and one director. The company operates an e-commerce site selling handmade soaps, candles, and bath products.

The website, Secret Lotus Soap, highlights a range of natural and organic skincare items, with a focus on sustainable practices and plastic-free packaging. The site actively promotes its products with discounts and encourages customer reviews, and has a nice selection of gift boxes. It’s clear they’re aiming to appeal to customers seeking eco-friendly and luxurious self-care options.

Financially, Secretlotus Soap Ltd presents a mixed picture. While turnover remains undisclosed, net assets have decreased by 14% to £3,200. Cash reserves have also fallen significantly, dropping 98% to just £30. Creditors have increased by 53% to -£3,200, and other creditors have risen 40% to -£3,700. 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 decline in equity and cash raises concerns. The accounts are unaudited and were prepared using FRS 102, with no auditor mentioned.

It seems like Secretlotus Soap Ltd is facing some financial challenges, potentially burning through cash as it grows. The focus on online sales and sustainable products suggests a strong brand identity, but managing cash flow will be crucial for long-term success.

Registered in England/Wales under the registration number 12908971, with a registered address at N9 0DS, England, London, 118 Felixstowe Road.

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