The Spa Circle Ltd

The Spa Circle Ltd, based in London, UK, is a small, active company founded six years ago in December 2018. With £9,201 in assets and a real address at 48b Chaucer Road, it's a solo-founded operation led by a single director and owner. The business is classified as an irregular importer, having imported furniture, lighting, and prefabricated buildings for just one month, with the last import occurring in August 2022.

The company’s website, Spa Experience Innovation, showcases a focus on revolutionizing the spa experience through innovative accessories. It appears to be primarily an e-commerce business, selling headrest covers, cushions, and extra covers—all patented, made in Portugal, and boasting a low carbon footprint. The site emphasizes design and crafting, and offers contact information for further inquiries and demos. It’s clear they are trying to challenge the status quo within the spa industry.

Financially, The Spa Circle Ltd presents a mixed picture. Cash bank on hand decreased by 7% to £9,000, while creditors fell by a significant 76% to £19,000. Current assets also declined by 8.4% to £9,200, and net assets plummeted 86% to -£9,500. Despite these declines, debtors decreased by 44%, suggesting improved collection efforts. The company’s small size—meeting two of three conditions for a small company—helps maintain agility. With no auditor mentioned, the accounts are unaudited and described as "filleted."

Overall, The Spa Circle Ltd seems to be navigating a challenging financial landscape. While the website suggests a focus on innovation and a niche market, the declining equity and net assets indicate potential strain. It's likely that the company is working to manage its expenses and improve cash flow, but whether it can sustain its innovative approach remains to be seen.

Registered in England/Wales under the registration number 11716112, with a registered address at W3 6DR, England, London, 48b Chaucer Road.

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