Swankysets Ltd

Swankysets Ltd is a small, active company based in London, UK, founded two years ago in 2022. It operates as an e-commerce site selling luxury beauty scrubs, salon uniforms, and related workwear, boasting a 1.0 Google rating from a single review. With £4,094 in assets and a virtual address shared by thousands of other companies, it’s a solo-founded venture managed by one director and owner. The company's website showcases a wide range of products catering to spas, salons, clinics, and other beauty professionals.

Financially, Swankysets Ltd presents a mixed picture. Current assets are low at just £4,094, and net assets stand at a negative £37,000, indicating accumulated losses. Bank borrowings are £18,000, and creditors are £25,000. Cash on hand is £1,100. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the negative equity is concerning. The lack of employees (zero reported) suggests a lean operation, and the absence of an auditor (likely exempt as a small company) means the figures are unaudited.

It's clear that Swankysets Ltd is facing challenges, with losses outpacing assets. The company’s reliance on a single customer review and a virtual address raises questions about its long-term viability, but the focus on a niche market—stylish and functional workwear for the beauty industry—could be a source of future growth. The company's financial statements were prepared under the historical cost convention, and the accounts are described as "filleted."

Registered in England/Wales under the registration number 14353614, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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