Hair & Beauty Fx Ltd

Hair And Beauty Fx Ltd, based in New Eltham, UK, is a small, active company established 17 years ago. With five employees and £140,455 in assets, it operates as a family business with three directors and four owners. The company maintains a virtual address, registered at a business park shared by many other companies, which is a bit unusual. It’s a regular importer of essential oils and perfumes (5 months of imports) but an irregular exporter of electrical machinery and equipment (1 month of exports).

The company primarily operates in the hairdressing and beauty treatment industries, and its website, while not detailed, suggests a focus on professional supplies. The business is a family-run operation, with Nail Elliz Muazzez Susan Paris, Nicholls Cara, Nail Ali, and Nail Josh listed as owners, and Nicholls Cara Danielle, Nail Ali, and Nicholls Cara Danielle serving as directors.

Financially, Hair & Beauty Fx Ltd shows a mixed picture. Current assets decreased by 14% to £140,000, while net assets also declined by 16% to £140,000. Bank borrowings decreased by 44%, indicating a reduction in debt. Cash reserves fell by 15% to £50,000. Creditors decreased by 3.4%, suggesting improved management of payables. The company’s small size (meeting two of three conditions for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for flexibility, but the decrease in equity is a concern. No auditor is mentioned, which is typical for small companies.

The decrease in assets and equity, despite a reduction in debt, suggests the company may be facing some financial pressures. It's possible that the irregular export activity and reliance on imports are contributing to this trend. The decrease in the number of employees from five to four is also worth noting, which could be a cost-saving measure or a sign of restructuring. The company’s future success will likely depend on its ability to stabilize its financial performance and adapt to changing market conditions.

Registered in England/Wales under the registration number 06567960, with a registered address at SE9 3TL, New Eltham, London, 4 Green Lane Business Park, 238 Green Lane.

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