Fabriq Hair Limited

Fabriq Hair Ltd, based in Little Wymondley, UK, is a small holding company with an active status, having been founded sixteen years ago in 2009. The company employs seven people and holds assets valued at £409,417. It operates an e-commerce site and regularly imports and exports essential oils and perfumes – fourteen months of imports and forty-one months of exports recorded. The company is owned by Promino Solutions Ltd and managed by director Barnett Jeremy.

The business is involved in the manufacture of perfumes and toilet preparations. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The company’s website, which is a wholesale supplier of hairdressing and beauty products, operates as Barkers Hairdressing Beauty Suppliers. The site offers a wide range of products, including hair dryers, clippers, and beauty supplies, and caters to salon professionals. It’s a well-established operation, with a long history and a strong online presence.

Financially, Fabriq Hair Ltd's recent performance presents a mixed picture. Current assets have decreased by 23%, falling to £410,000, while net assets have also declined by 18%, reaching £39,000. Bank borrowings have increased by 50%, climbing to £110,000, and trade debtors have fallen by 55%, suggesting a possible issue with collecting payments. Cash reserves have also decreased by 30%, dropping to £28,000. The company’s creditors have decreased by 18%, which could indicate better debt management. The company is exempt from an audit, so the figures are unaudited.

Overall, Fabriq Hair Ltd appears to be facing some financial headwinds, but its established e-commerce presence and wholesale supplier model could provide a foundation for future growth. The company’s reliance on imports and exports, however, makes it vulnerable to supply chain disruptions and currency fluctuations.

Registered in England/Wales under the registration number 06785471, with a registered address at SG4 7BL, England, Little Wymondley, 8g Old Hall Farmyard.

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