Uoma Beauty Group Limited

Uoma Beauty Group Ltd, based in London, UK, is a small, active company founded seven years ago in 2017. It operates as an e-commerce site, importing essential oils and perfumes regularly (for four months) and exporting them irregularly (for just one month). The company employs four people and holds £421,782 in assets, with a real address registered. It's led by a single director, and surprisingly, there are no registered owners. Accounts and confirmation statements are overdue by a year, which is a bit concerning.

The company’s website, Uoma Beauty, showcases a range of beauty products, including face, lip, cheek, eye, and brow items. It emphasizes viral hits and award-winning foundations, with a focus on inclusivity and diverse skin tones. The site highlights a commitment to skin-loving ingredients and offers a variety of complexion perfecting products. There’s a strong emphasis on bold colors and high-impact looks, catering to a fashion-forward audience.

Financially, Uoma Beauty Group Ltd’s recent performance shows some mixed signals. While cash reserves increased by 63% to £150,000, net assets actually decreased by 9.1% to -£470,000. Bank borrowings have also increased significantly, with overdrafts up 77% to £11,000. Trade debtors have risen by 78% to £270,000, which could indicate challenges in collecting payments. Creditors have also increased substantially, up 62% to £1,100,000. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the negative equity and rising debts suggest it's burning through cash. There’s no auditor mentioned, so the figures are unaudited.

It seems Uoma Beauty Group Ltd is navigating a period of growth and expansion, but it needs to carefully manage its finances to ensure long-term sustainability. The company's focus on viral marketing and inclusive beauty products is a strong foundation, but it’s important to keep a close eye on the bottom line.

Registered in England/Wales under the registration number 11122902, with a registered address at SE1 0LH, England, London, London, Studio G03 The Print Rooms, 164-180 Union Street.

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