The Organic Skin Store Ltd

The Organic Skin Store Ltd, based in Upminster, UK, is a small, active company founded 17 years ago. It employs just two people and currently holds £-63,378 in assets—a negative figure suggesting financial challenges. The company operates from a virtual address, registered to a building housing 328 other businesses, and is led by two directors and a single owner, who is also the solo founder. It irregularly imports optical and medical tools and devices, with the last import activity recorded over two years ago in September 2021.

The company's website, The Organic Skin Co, showcases a range of skincare and makeup products, emphasizing regenerative beauty and minimizing plastic waste. It operates primarily as an e-commerce business, offering products like cleansers, moisturizers, serums, and makeup, alongside bundles and gift sets. The site highlights its commitment to sustainable practices, featuring a "One Product One Tree" initiative and showcasing its partnerships with community farms. It also boasts a rewards program and a blog with skincare tips.

Financially, The Organic Skin Store Ltd is facing significant difficulties. Net assets have plummeted by 120%, reaching -£160,000, while cash reserves have vanished, dropping 65% to just £60. Bank borrowings have increased substantially, rising by an unknown percentage to £26,000. Creditors have also surged dramatically, increasing by 900% to £120,000. Despite these challenges, trade debtors have slightly increased by 56% to £1,100. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s likely exempt from an audit, meaning the financial statements are unaudited. The company’s small size and focus on sustainability are strengths, but the negative assets and rising debts raise concerns about its long-term viability.

Registered in England/Wales under the registration number 06570387, with a registered address at RM14 2SJ, England, Upminster, Essex, Suite 17, Essex House, Station Road.

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