The Essence Vault Ltd

The Essence Vault Ltd, based in Antrim, UK, is a sizable company operating as a holding company with an active status. Established five years ago in December 2019, it employs 63 people and boasts assets of £7,057,766, generating a yearly revenue of £30,095,946. The company has a real address and is overseen by three directors and two owners. It functions as a regular importer of paper and paperboard products, with 15 months of import activity recorded, most recently in January 2025, and also runs an e-commerce site.

The Essence Vault specializes in the retail sale of cosmetic and toilet articles in specialised stores, offering designer-inspired perfumes, aftershaves, and home fragrances through its online platform. The website showcases a wide range of products, including 3x100ml perfume sets and bundles, catering to both men and women. It emphasizes affordability and long-lasting scents, offering alternatives to high-end designer brands. The site is well-designed and easy to navigate, with clear product descriptions and secure payment options.

Financially, The Essence Vault Ltd shows a mixed picture. While turnover remained steady at £30,095,946, net assets dropped by 21% to £2,400,000. Bank borrowings increased by 130% to £1,100,000, and cash reserves decreased by 30% to £160,000. Trade payables increased by 130% to £34,000, suggesting a need for better cash flow management. The company’s size (meeting two of three criteria for a large company) indicates a significant operation, but the decline in equity raises concerns. The company is audited by Stevenson and Wilson.

The increase in bank borrowings and decrease in cash reserves could be due to investments in inventory or marketing efforts to drive sales. However, the company needs to carefully monitor its cash flow and manage its debt levels to ensure its long-term financial health. The fact that it's a holding company suggests it may have other ventures, which could be contributing to these financial trends.

Registered in Northern Ireland under the registration number NI666665, with a registered address at BT41 2PT, Northern Ireland, Antrim, Unit 13 Craigstown Industrial Estate Craigstown Road, Randalstown.

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