Thameen Fragrance Limited

Thameen Fragrance Limited, based in London, UK, is a small holding company with an active status, having been founded twelve years ago in 2013. The company employs 27 people and holds £3,513,665 in assets. Operating from a virtual address—where 27 other companies are also registered—it’s managed by two directors and two owners, though the list of owners changed four years ago.

The company’s business model involves both importing and exporting. It regularly imports paper and paperboard products, with 30 months of import activity recorded, the last in February 2025. Simultaneously, it exports essential oils and perfumes, boasting 88 months of export activity, also concluding in February 2025. Thameen Fragrance Limited operates in the manufacture of perfumes and toilet preparations, the wholesale of perfume and cosmetics, and the retail sale of cosmetic and toilet articles in specialised stores.

Financially, Thameen Fragrance Limited’s recent performance shows some concerning trends. While bank borrowings have disappeared completely, cash reserves have plummeted by 83%, falling to just £220,000. Current assets have also declined significantly, dropping 31% to £3,500,000. Net assets have fallen 16% to -£2,100,000. Interestingly, trade debtors have increased by 42%, suggesting potential issues with customer payments, and creditors have decreased by 13%. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the sharp decline in equity is a cause for concern. With no auditor mentioned, the figures are unaudited.

Despite these challenges, the company’s consistent import and export activity suggests ongoing business operations. The decline in profits, however, from £620,000 to a loss of -£280,000, is a significant shift and warrants further investigation. It seems the company is facing some pressures, and its future success will depend on its ability to address these financial headwinds.

Registered in England/Wales under the registration number 08370060, with a registered address at SE1 8RT, United Kingdom, London, C/O Kkvms Llp Capital Tower, 91 Waterloo Road.

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