Skin Health Solutions Ltd

Skin Health Solutions Ltd, based in Leighton Buzzard, UK, is a small, active company founded nine years ago. With three employees and £149,158 in assets, it operates from a virtual address, a detail worth noting as 27 companies are registered at the same location. The business is a family affair, run by a solo founder and overseen by one director and three owners. It boasts a respectable Google rating of 4.0 based on seven reviews. Skin Health Solutions Ltd is a regular importer, specializing in optical and medical tools and devices, with 20 months of import activity recorded, the latest in December 1st, 2024.

The company's website is unavailable, so it’s difficult to ascertain the specifics of its operations. However, company records indicate it operates in the wholesale of perfume and cosmetics, and also in the education sector.

Financially, Skin Health Solutions Ltd presents a mixed picture. While cash reserves increased by a healthy 59% to £40,000, net assets actually decreased by 120% to £4,300. This suggests a significant draw on equity. Bank borrowings remained stable at £10,000, but accrued liabilities increased by 48% to £3,200. Trade debtors have increased substantially, by 2100%, reaching £29,000, which could indicate a reliance on customer payments. Despite this, creditors have decreased by 10%, suggesting improved debt management. The company meets the criteria for being a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no mention of an auditor, likely due to its small size.

Overall, Skin Health Solutions Ltd seems to be navigating a period of change. While it’s maintaining a positive customer rating and importing regularly, the decrease in equity raises questions about its long-term financial health. It's likely the company is reinvesting profits back into the business, but careful monitoring of its cash flow will be important going forward.

Registered in England/Wales under the registration number 10078215, with a registered address at LU7 1EU, England, Leighton Buzzard, Market House, 25 Market Square.

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