MARKWINS BEAUTY BRANDS INTERNATIONAL LIMITED

1. MARKWINS BEAUTY BRANDS INTERNATIONAL LIMITED 2016-06-24 → present
2. MARKWINS INTERNATIONAL CORPORATION LIMITED 2000-02-09 → 2016-06-24

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. MARKWINS BEAUTY BRANDS INTERNATIONAL LIMITED · parent
   1. Markwins Logistics Europe SLU 100% · Spain
   2. Markwins Beauty Brands Asia Pacific Limited 100% · KL
   3. EMBB EMPEAK Markwins Beauty Brand GmBH 100% · Germany

Significant events

• “Whilst turnover is below budget expectations partly due to the impact of the Russia-Ukraine conflict that is still impacting our business, the gross profit margin is higher compared to the prior year. The ongoing conflict in Ukraine continued to affect economic conditions, leading to variable negotiations with customers.”
• “At the end of the year, we observed an increase in our inventory balance compared to the previous year. This adjustment was made to ensure we maintain a high fill rate, allowing us to meet customer demands effectively. Additionally, we have successfully reduced the level of obsolete products. This improvement is due to enhanced stock management practices and a more positive market response to our products.”
• “Starting in 2025: Markwins will switch from a direct-to-retail model to a single distributor managing the Italian market.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -3.5%

  £35,713,988 → £34,477,406

• Cash

  +22.5%

  £1,790,676 → £2,193,552

• Net assets

  -1.1%

  £20,135,366 → £19,907,477

• Employees

  +2.4%

  42 → 43

• Operating profit

  -97.2%

  £2,425,327 → £68,647

• Profit before tax

  -98.7%

  £2,661,089 → £34,783

• Wages

  +6.1%

  £1,842,638 → £1,955,826

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers