Skyncare Limited

Skyncare Ltd from Thatcham UK: small company, active status, founded 10 years ago, 4 employees, £439,082 assets, real address, 3 directors, 1 owner, google rating 5.0 based on 89 reviews. Regular importer of optical and medical tools and devices (34 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £439,082.

Skyncare Ltd operates as a UK market-leading medical laser technology company, catering to aesthetics professionals. The company's website showcases a range of advanced laser and IPL systems, including the Solaris, Biocareone, UltraDiode, Biocarelite, and Biocareink. These systems are marketed for various treatments like laser hair removal, tattoo removal, and skin rejuvenation. The website also features a knowledge base with advice on maximizing laser ROI and building client trust. It’s clear that Skyncare isn’t just selling equipment; they're positioning themselves as experts in the field, offering training, support, and even a buyer's guide. The site’s design and content suggest an e-commerce model, with products prominently displayed and a focus on online sales. There's no obvious indication of a physical retail presence, but the company does highlight its presence at industry events.

Financially, Skyncare Ltd’s picture is mixed. While cash bank on hand increased by a healthy 59% to £94,000, net assets only grew by 10% to £130,000. Bank borrowings, however, jumped significantly by 42%, reaching £57,000—a potential cause for concern. Creditors also increased, rising 36% to £380,000, which could indicate increased reliance on trade credit. The number of employees reported during the period dropped to zero, a surprising change from the previous four, and it’s a little odd. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt needs to be monitored. No auditor is mentioned, which is common for small, exempt companies.

Overall, Skyncare Ltd appears to be a growing business with a strong online presence and a reputation for quality. However, the increase in debt and the decrease in employees suggest some financial pressures that need to be addressed. It's a little strange that the company has no employees reported, despite having four reported last year.

Registered in England/Wales under the registration number 09510787, with a registered address at RG18 0XT, England, Thatcham, Berkshire, Unit 2 Frilsham Home Farm Business Centre, Yattendon.

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