Davies Hair Care Limited

Davies Hair Care Limited, based in London, UK, is a small, active company founded five years ago in 2020. It employs just one person and holds £35,890 in assets. The company operates from a virtual address, sharing space with 589 other businesses, and is led by a single director and owner, Janet Idowu. Davies Hair Care Limited is an irregular importer, bringing in organic chemicals for short periods, with the last import operation recorded in September 2023. The company’s activities span media representation services and other service activities not easily classified.

The company's website, George Davis Hairdressing Bromsgrove, showcases a thriving salon and beauty business. It’s a family business established in 1986, offering a range of hair and beauty treatments, including colour correction, aesthetics, and weddings. The salon emphasizes a warm, welcoming atmosphere, loyalty points, and a generous library of magazines, alongside refreshments. The website highlights a loyalty points scheme and a vast array of refreshments available during appointments. It’s clear that George Davis is focused on providing a premium customer experience.

Financially, Davies Hair Care Limited is facing some challenges. Current assets have fallen significantly by 63%, dropping to £36,000. Equity has also taken a hit, decreasing by 68% to just £23,000. Cash reserves have plummeted 66% to £31,000, and bank borrowings have increased. While creditors have decreased by 49%, the overall trend suggests a tightening of resources. As a small company (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s likely exempt from an audit, relying on unaudited statements. The accounts are abridged, and the company is entitled to exemption from audit.

The company’s reliance on a single employee and its virtual address could indicate a lean operation, but the declining financial metrics raise questions about its long-term sustainability. It’s a small business that’s working hard, but it needs to keep a close eye on its finances.

Registered in England/Wales under the registration number 12605081, with a registered address at EC1V 2NZ, England, London, 320 City Road.

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