Cosmopro Ltd

Cosmopro Ltd from Huddersfield UK: a small, active company founded seven years ago, employs five people, and holds £44,509 in assets. It’s a family business with two directors and three owners, boasting a stellar 5.0 Google rating from 50 reviews. The company regularly imports electrical machinery and equipment, with nine months of import activity recorded.

The business operates in the hairdressing and other beauty treatment industries. Its website, while not providing specific details about services, suggests a focus on training and education within the beauty sector. It’s unclear if the company has an e-commerce component, but the focus seems to be on providing services rather than selling products online.

Financially, Cosmopro Ltd shows a mixed picture. Current assets have dropped significantly, falling 72% to £45,000. Bank borrowings have also decreased, and cash reserves have plummeted 66% to just £33,000. However, creditors have also decreased by 57%, suggesting better management of short-term debts. Equity has taken a massive hit, decreasing 83% to just £17,000. 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 for flexibility, but the sharp decline in equity raises concerns. The accounts are unaudited, likely due to the company’s small size.

The decrease in assets and cash reserves, coupled with the drop in equity, suggests the company may be facing financial pressures. It’s possible that increased operating expenses or a slowdown in revenue contributed to these declines. The company's ability to maintain its operations and continue its growth trajectory will depend on its ability to address these challenges and stabilize its financial position.

Registered in England/Wales under the registration number 10857700, with a registered address at HD7 6NL, United Kingdom, Huddersfield, 4 Coach House Manchester Road, Marsden.

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