Beauty Nails Shop Ltd

Beauty Nails Shop Ltd, based in Coventry, UK, is a small, active company founded four years ago in November 2020. It’s a solo venture, managed by a single director and owner, Horvath Diana Cosmina, and employs just one person. The company holds £3,139 in assets and operates from a real address at 42 Mary Slessor Street. It runs an e-commerce site and is involved in retail sales via mail order, plus hairdressing and beauty treatments.

The company's website, NBS Nails Supply, is a wholesale supplier of premium nail supplies for salons and professionals. It offers a wide range of products, from acrylics and gels to electrical equipment and furniture, catering to the beauty industry. The site emphasizes “strictly trade only” sales and offers free delivery on orders over £150. There’s a clear focus on providing a comprehensive selection of products and a user-friendly online shopping experience. They also have a newsletter, which is good.

Financially, Beauty Nails Shop Ltd is showing some concerning trends. Cash bank on hand has plummeted a whopping 95%, dropping from £3,300 to just £160. Current assets have also decreased significantly, falling 58% to £3,100. Creditors have reduced by 26%, which is positive, but net assets have declined 6.7% to -£12,000. Trade debtors have increased, suggesting a potential issue with customer payments. The company meets the criteria for a small business, with turnover likely under £10.2 million and assets under £5.1 million. There's no mention of an auditor, which is common for small, exempt companies.

Overall, Beauty Nails Shop Ltd appears to be facing financial challenges. The sharp decline in cash reserves and current assets suggests the company is burning through money, although it's possible this is typical for a startup. The reduction in creditors is a small positive, but the company needs to address its cash flow situation to ensure long-term sustainability.

Registered in England/Wales under the registration number 13035457, with a registered address at CV3 3BY, England, Coventry, 42 Mary Slessor Street.

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