Skin Research Ltd

Skin Research Ltd, based in Camberley, UK, is a small, active company founded thirteen years ago in 2011. With twenty-three employees and £4,765,907 in assets, it operates from a virtual address—a point worth noting as 140 companies are registered at the same location. The business is led by two directors and a solo founder, Walker Richard, and boasts a perfect 5.0 Google rating from one review. It regularly imports plastics and plastic products (56 months) and exports essential oils and perfumes (124 months).

The company’s website showcases a specialist brand of salon professional skincare, emphasizing anti-aging treatments and pushing boundaries in research and development. It operates an e-commerce platform selling a range of skincare products, including cleansers, serums, masks, and moisturizers. The site highlights a partnership approach, supporting both customers and businesses. Featured collections and a newsletter subscription further enhance the customer experience.

Financially, Skin Research Ltd presents a mixed picture. Accrued liabilities increased significantly by 110%, while the increase from depreciation charge for property plant equipment remained consistent. Bank borrowings decreased by 24%, and cash reserves grew by 5%, suggesting improved liquidity. However, the amount specific advance or credit to directors rose dramatically—an increase of 870%—and merchandise increased by 21%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Skin Research Ltd appears to be a growing business, but the large increase in advances to directors warrants closer attention. The company's focus on anti-aging skincare and its partnership approach suggest a strong foundation for future success, but it's important to monitor its financial health closely.

Registered in England/Wales under the registration number 07688786, with a registered address at GU15 3YY, England, Camberley, Surrey, 1 Minster Court, Tuscam Way.

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