Tonic15 Ltd

Tonic15 Ltd from London UK: a small, active company founded seven years ago, faces some financial challenges. With just one employee and £116,615 in assets, the company operates from a real address and is managed by a single director, though no owners are officially listed. It regularly imports essential oils and perfumes (eight months of activity) but exports them irregularly (just one month).

The company's website, tonic15.com, is a vibrant online retailer specializing in Korean skincare and makeup. It showcases a wide range of brands, from I'M FROM to KLAIRS, catering to various skin types and concerns. The site offers curated bundles, ingredient-focused shopping, and even a blog with skincare tips and business insights—a clear effort to build a community around its products. It’s a full-fledged e-commerce operation, complete with a sleek design and a focus on customer service.

Financially, Tonic15 Ltd’s recent performance paints a mixed picture. While bank borrowings have increased significantly (640%), cash reserves have also seen a substantial jump (1100%). Creditors have grown by a considerable 81%, and trade debtors have increased by 410%. The company’s net assets, however, have decreased by 24%, indicating a potential strain on equity. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for small companies.

The increased borrowings and rising trade debtors suggest Tonic15 Ltd may be investing in inventory or expanding its operations—a common strategy for growing e-commerce businesses. However, the decline in net assets warrants attention, and it's possible the company is burning through cash faster than it's generating revenue. The lack of official owners could also be a factor, potentially complicating decision-making or investment.

Registered in England/Wales under the registration number 11209851, with a registered address at W1F 0JL, England, London, Ingestre Place Ingestre Place, Ingestre Court, Soho.

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