Barry M. Cosmetics Ltd.
- In Administration
- Large
- 35 years
- 122 employees
- £10,584,597 (cur assets)
- £17,441,114 (revenue)
- 15m-54m
- Regular importer
- Regular exporter
- Real address
- 3 directors
- No owners
- London
- E-commerce
- Rating 4.0 (22)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Summary
Barry M Cosmetics Ltd, a London-based company, is a large holding company with an active status, having been established 34 years ago in 1990. Employing 122 people, the company holds assets valued at £10,584,597 and generates yearly revenue of £17,441,114. It operates from a real address and is overseen by three directors and a single owner. Crucially, the company runs an e-commerce site, and enjoys a Google rating of 4.0 based on 22 reviews. It regularly imports and exports essential oils and perfumes, with 239 months of import activity and 157 months of export activity.
The company’s website showcases a wide range of cosmetics and skincare products, emphasizing trends, quality, and cruelty-free practices. It offers a comprehensive selection, including nail polishes, lipsticks, foundations, and eyeshadows, catering to diverse beauty needs. The site’s design is modern and visually appealing, with clear product categories and easy navigation, making it simple for customers to find what they’re looking for. The website clearly states that it is an e-commerce site.
Financially, Barry M Cosmetics Ltd presents a mixed picture. While turnover increased by a respectable 16%, net assets decreased by 2.6% to £6,800,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s large size (meeting two of three criteria for turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250) allows it to scale its operations, but the equity drop raises questions. The accounts are audited by Adler Shine LLP.
The company's growth in revenue suggests strong brand recognition and effective marketing strategies, but the increase in borrowing and decrease in cash reserves could indicate challenges in managing working capital. The ongoing import and export activities highlight its global sourcing and distribution network, contributing to its diverse product range. Overall, Barry M Cosmetics Ltd appears to be a well-established player in the cosmetics industry, navigating the complexities of a competitive market with a focus on innovation and customer engagement.
Registered in England/Wales under the registration number 02520696, with a registered address at N12 8LY, London, Pearl Assurance House, 319 Ballards Lane.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Managers
-
Individual
- N/A
- 2
-
Resident of United Kingdom
-
Individual
- N/A
- 4
-
Resident of United Kingdom
-
Individual
- 23 years
- 5
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
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Result of meeting of creditorsDownload 5 pages pdf report
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Notice of deemed approval of proposalsDownload 50 pages pdf report
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Statement of administrator's proposalDownload 50 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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