The Face Painting Shop Limited

The Face Painting Shop Limited is a small, active company based in Basildon, UK, founded eleven years ago in 2014. With five employees and £30,635 in assets, it operates from a virtual address – a point to note as 616 other companies share the same location. The business is family-owned and managed by two directors and two owners, Nathalie and Yvonne Farmer.

Primarily, The Face Painting Shop Limited operates in the retail sector, specializing in face and body art supplies. Its website showcases a vast range of products, from brushes and paints to stencils and special effects materials. The site functions as an e-commerce platform, offering a comprehensive selection for face painters and body artists. The website is well-stocked, with categories for accessories, brushes, face and body paint, glitter tattoos, make-up, stencils, and special FX materials. It also features a section for popular brands like Global Colours, Diamond FX, and Mehron.

Financially, the company’s recent performance shows some concerning trends. Accumulated depreciation increased by 9.1%, while the average number of employees decreased by 25%. Bank borrowings remained steady, but cash bank on hand rose by 17%. Creditors significantly increased by 140%, and net assets experienced a dramatic decline of 210%, ending with a negative balance. Trade debtors decreased by 48%, and other creditors rose by an astonishing 980%. While the company meets the criteria for a small business (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the sharp drop in equity is a point of concern. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, The Face Painting Shop Limited appears to be navigating a challenging financial landscape. While its e-commerce platform and diverse product range suggest a strong market presence, the recent financial trends indicate a need for careful management and strategic adjustments.

Registered in England/Wales under the registration number 08837827, with a registered address at SS14 3JJ, Basildon, Essex, 4 Capricorn Centre, Cranes Farm Road.

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