Skin Alchemists Ltd

Skin Alchemists Ltd, based in London, UK, is a small, active company founded nine years ago in 2016. It operates from a real address in Chingford and is led by one director and owner, Edward Theresa Rahiman. The company runs an e-commerce site and enjoys a perfect 5.0 Google rating based on seven reviews. It’s an irregular importer of glass and glassware, with just one month of imports recorded as of April 2022.

The company’s website, Skin Alchemists, showcases a range of skincare, artisan soaps, candles, herbal teas, and scents. It emphasizes performance-driven, plant-powered skincare rooted in Caribbean heritage and ancient traditions. The site offers international shipping and caters to a global customer base, with a wide range of countries listed for purchase. It also features a blog discussing self-care and the benefits of natural ingredients.

Financially, Skin Alchemists Ltd presents a mixed picture. Cash bank on hand increased by 100% to £240, but net assets and liabilities both declined by 1.8% to -£70,000. Bank borrowings remained stable at £47,000. Creditors decreased slightly, and property, plant, and equipment held steady. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million. No auditor is mentioned, which is typical for small companies.

The company’s financial statements are unaudited and prepared under FRS 102. While the e-commerce site appears active and well-reviewed, the declining equity and losses suggest the company is burning through cash. It’s unclear if this is a temporary setback or a longer-term challenge, but Skin Alchemists Ltd is banking on its unique product line and positive customer reviews to sustain its growth.

Registered in England/Wales under the registration number 10034356, with a registered address at E4 9LJ, England, London, 71 Winchester Road, Chingford.

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