balmonds skincare ltd
balmonds skincare ltd Company Information
Company Number
11181014
Next Accounts
Sep 2025
Shareholders
silverwood brands plc
Group Structure
View All
Industry
Wholesale of perfume and cosmetics
Registered Address
unit 7 westergate business centr, westergate road, brighton, BN2 4QN
Website
balmonds.co.ukbalmonds skincare ltd Estimated Valuation
Pomanda estimates the enterprise value of BALMONDS SKINCARE LTD at £1.6m based on a Turnover of £2.5m and 0.66x industry multiple (adjusted for size and gross margin).
balmonds skincare ltd Estimated Valuation
Pomanda estimates the enterprise value of BALMONDS SKINCARE LTD at £0 based on an EBITDA of £-105.5k and a 4.73x industry multiple (adjusted for size and gross margin).
balmonds skincare ltd Estimated Valuation
Pomanda estimates the enterprise value of BALMONDS SKINCARE LTD at £0 based on Net Assets of £-555.6k and 2.58x industry multiple (adjusted for liquidity).
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Balmonds Skincare Ltd Overview
Balmonds Skincare Ltd is a live company located in brighton, BN2 4QN with a Companies House number of 11181014. It operates in the wholesale of perfume and cosmetics sector, SIC Code 46450. Founded in January 2018, it's largest shareholder is silverwood brands plc with a 100% stake. Balmonds Skincare Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.5m with declining growth in recent years.
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Balmonds Skincare Ltd Health Check
Pomanda's financial health check has awarded Balmonds Skincare Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£16.5m)
£2.5m - Balmonds Skincare Ltd
£16.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (5.8%)
- Balmonds Skincare Ltd
5.8% - Industry AVG
Production
with a gross margin of 52.2%, this company has a comparable cost of product (43.8%)
52.2% - Balmonds Skincare Ltd
43.8% - Industry AVG
Profitability
an operating margin of -5.4% make it less profitable than the average company (4.3%)
-5.4% - Balmonds Skincare Ltd
4.3% - Industry AVG
Employees
with 12 employees, this is below the industry average (50)
12 - Balmonds Skincare Ltd
50 - Industry AVG
Pay Structure
on an average salary of £37.1k, the company has an equivalent pay structure (£46k)
£37.1k - Balmonds Skincare Ltd
£46k - Industry AVG
Efficiency
resulting in sales per employee of £204.7k, this is less efficient (£278.3k)
£204.7k - Balmonds Skincare Ltd
£278.3k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (58 days)
18 days - Balmonds Skincare Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (37 days)
24 days - Balmonds Skincare Ltd
37 days - Industry AVG
Stock Days
it holds stock equivalent to 55 days, this is less than average (113 days)
55 days - Balmonds Skincare Ltd
113 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is average cash available to meet short term requirements (15 weeks)
14 weeks - Balmonds Skincare Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 167.2%, this is a higher level of debt than the average (56.4%)
167.2% - Balmonds Skincare Ltd
56.4% - Industry AVG
BALMONDS SKINCARE LTD financials
Balmonds Skincare Ltd's latest turnover from December 2023 is £2.5 million and the company has net assets of -£555.6 thousand. According to their latest financial statements, Balmonds Skincare Ltd has 12 employees and maintains cash reserves of £394.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jan 2019 | |
|---|---|---|---|---|---|---|
| Turnover | 2,456,758 | 3,062,027 | 1,408,905 | |||
| Other Income Or Grants | ||||||
| Cost Of Sales | 1,173,423 | 1,312,541 | 623,868 | |||
| Gross Profit | 1,283,335 | 1,749,486 | 785,037 | |||
| Admin Expenses | 1,416,168 | 1,430,865 | 1,079,026 | |||
| Operating Profit | -132,833 | 318,621 | -293,989 | |||
| Interest Payable | 2,653 | 3,715 | 2,711 | |||
| Interest Receivable | 4,328 | |||||
| Pre-Tax Profit | -131,158 | 314,906 | -296,700 | |||
| Tax | ||||||
| Profit After Tax | -131,158 | 314,906 | -296,700 | |||
| Dividends Paid | ||||||
| Retained Profit | -131,158 | 314,906 | -296,700 | |||
| Employee Costs | 445,589 | 371,499 | 273,498 | |||
| Number Of Employees | 12 | 11 | 8 | 10 | 10 | 13 |
| EBITDA* | -105,452 | 370,945 | -238,385 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jan 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 21,104 | 44,322 | 68,858 | 92,871 | 101,620 | 25,607 |
| Intangible Assets | 14,743 | 18,137 | 33,238 | 68,800 | ||
| Investments & Other | 80 | 80 | 80 | |||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 35,847 | 62,459 | 102,096 | 92,871 | 101,620 | 94,407 |
| Stock & work in progress | 180,004 | 220,926 | 121,704 | 103,470 | ||
| Trade Debtors | 123,841 | 149,987 | 152,139 | 351,937 | 229,100 | 43,226 |
| Group Debtors | ||||||
| Misc Debtors | 92,622 | 126,251 | 66,799 | 26,470 | 41,925 | 83,872 |
| Cash | 394,521 | 517,141 | 36,176 | 52,322 | ||
| misc current assets | ||||||
| total current assets | 790,988 | 1,014,305 | 376,818 | 378,407 | 271,025 | 282,890 |
| total assets | 826,835 | 1,076,764 | 478,914 | 471,278 | 372,645 | 377,297 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 79,140 | 100,586 | 78,497 | 903,241 | 708,494 | 19,750 |
| Group/Directors Accounts | 530,812 | |||||
| other short term finances | ||||||
| hp & lease commitments | 13,947 | 17,552 | 16,534 | |||
| other current liabilities | 1,289,346 | 1,369,119 | 1,092,613 | 34,736 | ||
| total current liabilities | 1,382,433 | 1,487,257 | 1,187,644 | 903,241 | 708,494 | 585,298 |
| loans | 27,894 | 61,232 | ||||
| hp & lease commitments | 30,616 | |||||
| Accruals and Deferred Income | 9,033 | 13,529 | ||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 13,947 | 30,616 | 9,033 | 13,529 | ||
| total liabilities | 1,382,433 | 1,501,204 | 1,218,260 | 912,274 | 722,023 | 585,298 |
| net assets | -555,598 | -424,440 | -739,346 | -440,996 | -349,378 | -208,001 |
| total shareholders funds | -555,598 | -424,440 | -739,346 | -440,996 | -349,378 | -208,001 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jan 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -132,833 | 318,621 | -293,989 | |||
| Depreciation | 23,987 | 34,363 | 38,327 | 3,660 | ||
| Amortisation | 3,394 | 17,961 | 17,277 | 17,200 | ||
| Tax | ||||||
| Stock | -40,922 | 99,222 | 121,704 | 103,470 | ||
| Debtors | -59,775 | 57,300 | -159,469 | 107,382 | 271,025 | 127,098 |
| Creditors | -21,446 | 22,089 | -824,744 | 194,747 | 708,494 | 19,750 |
| Accruals and Deferred Income | -79,773 | 276,506 | 1,083,580 | -4,496 | 13,529 | 34,736 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | -105,974 | 513,018 | 58,216 | |||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 80 | |||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 530,812 | |||||
| Other Short Term Loans | ||||||
| Long term loans | -27,894 | -33,338 | 61,232 | |||
| Hire Purchase and Lease Commitments | -3,605 | -29,598 | 47,150 | |||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | 1,675 | -3,715 | -2,711 | |||
| cash flow from financing | -29,824 | -66,651 | 104,021 | |||
| cash and cash equivalents | ||||||
| cash | -122,620 | 480,965 | 36,176 | 52,322 | ||
| overdraft | ||||||
| change in cash | -122,620 | 480,965 | 36,176 | 52,322 |
balmonds skincare ltd Credit Report and Business Information
Balmonds Skincare Ltd Competitor Analysis
Perform a competitor analysis for balmonds skincare ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BN2 area or any other competitors across 12 key performance metrics.
balmonds skincare ltd Ownership
BALMONDS SKINCARE LTD group structure
Balmonds Skincare Ltd has no subsidiary companies.
balmonds skincare ltd directors
Balmonds Skincare Ltd currently has 2 directors. The longest serving directors include Mr Andrew Gerrie (Jan 2018) and Ms Francesca McIntosh (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Gerrie | United Kingdom | 62 years | Jan 2018 | - | Director |
| Ms Francesca McIntosh | England | 47 years | Oct 2021 | - | Director |
P&L
December 2023turnover
2.5m
-20%
operating profit
-132.8k
-142%
gross margin
52.3%
-8.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-555.6k
+0.31%
total assets
826.8k
-0.23%
cash
394.5k
-0.24%
net assets
Total assets minus all liabilities
Similar Companies
balmonds skincare ltd company details
company number
11181014
Type
Private limited with Share Capital
industry
46450 - Wholesale of perfume and cosmetics
incorporation date
January 2018
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
pure potions skin limited (January 2019)
accountant
-
auditor
HARTLEY FOWLER LLP
address
unit 7 westergate business centr, westergate road, brighton, BN2 4QN
Bank
-
Legal Advisor
-
balmonds skincare ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to balmonds skincare ltd.
balmonds skincare ltd Capital Raised & Share Issues BETA
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balmonds skincare ltd Companies House Filings - See Documents
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