Afro Crown Hair Limited

Afro Crown Hair Limited is a small, active company based in Reading, UK, founded four years ago in December 2020. With just one employee and £2,439 in assets, it’s a modest operation managed by a single director and owner. The company’s status is active, and it operates from a real address, with only one other business registered at the same location.

The company specializes in retail sales via mail order and the internet, focusing on high-quality raw hair extensions. Its website, Afro Crown Hair, showcases a range of products, including South East Asian raw hair, and emphasizes its commitment to low prices and high quality. The site highlights the sourcing of hair from various regions, prewashing and conditioning processes, and the ability of the hair to be dyed and bleached. It also offers personalized haircare plans for customers seeking guidance. The website has a gallery and contact page, and uses GoDaddy for its website.

Financially, Afro Crown Hair Limited shows a positive trend. Current assets have increased by 52% to £2,400, and net assets have doubled to £1,400. Cash reserves have also risen by 10% to £940. Creditors have increased slightly, but the growth in assets suggests improved financial health. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible. The accounts are abridged and unaudited, exempt from an audit as a small company.

Overall, Afro Crown Hair Limited appears to be a financially stable and growing business. The increase in assets and cash reserves indicates healthy operations, although the reliance on retained earnings should be monitored. The single director and owner model, while efficient, could present challenges as the company expands.

Registered in England/Wales under the registration number 13077677, with a registered address at RG30 3LZ, England, Reading, 59 Underwood Road.

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