Ubeauty London Ltd

Ubeauty London Ltd is a small, active company based in Nottingham, UK, founded seven years ago in 2018. Employing five people, it holds just £147 in assets, a surprisingly low figure. With two directors and one owner, the company operates from a real address shared by three other businesses.

The company's website reveals a comprehensive beauty and wellness clinic offering a wide range of services, from facials and massages to laser hair removal and cosmetic treatments. It’s clearly focused on providing a premium experience, with a dedicated training section and a strong online presence. The site emphasizes "360 skin rejuvenation programs" and encourages bookings and contact via QR code. It's a clear case of an ecommerce business, with a focus on direct-to-consumer sales of beauty treatments and products.

However, the financial picture paints a more complex story. While the company is small, meeting two of three criteria for a small business, its financial data reveals a concerning trend. Cash bank on hand has plummeted a staggering 80% to a mere £150, and current assets have fallen by a dramatic 98% to just £150. Net assets have also decreased significantly, dropping 24% to -£57,000. Bank borrowings have remained steady, but the sharp decline in cash and assets suggests the company is burning through money. Liabilities have also decreased, which is good, but not enough to offset the overall negative trend. There's a significant decrease in plant machinery, with a 100% decrease in depreciation. It’s likely that the company is relying heavily on credit and may be struggling to generate sufficient revenue to cover its expenses. The lack of an auditor mentioned, consistent with its small size, means the figures are unaudited.

In short, while Ubeauty London Ltd presents a polished image and a diverse range of services, its financial data suggests it's facing significant challenges. Whether it can turn things around will depend on its ability to increase revenue, control expenses, and secure additional funding.

Registered in England/Wales under the registration number 11292947, with a registered address at NG1 6LA, England, Nottingham, 91 Upper Parliament Street.

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