Hair Development (u.k.) Limited

Hair Development UK LTD, based in Wickford, UK, is a small, family-run business established 37 years ago. Employing 13 people, the company holds £377,167 in assets and operates from a virtual address – a point to note, as 124 companies share the same address. With four directors and two owners (though the list may not be exhaustive), Hair Development specializes in importing prepared feathers, down, and related items, artificial flowers, and human hair products – a consistent activity spanning 244 months. Export activity is sporadic, with just one month recorded in 2021.

The company’s website highlights its focus on hair extensions and related services, particularly laser hair regrowth treatment. It details the science behind the treatment, its benefits, and how it compares to other solutions like topical treatments and even hair extensions. The website also offers advice on caring for natural hair extensions, emphasizing the importance of proper washing, drying, and styling techniques. The company even offers wholesale options for salon owners.

Financially, Hair Development shows some concerning trends. Creditors have decreased significantly by 29%, which is a positive sign, but net assets have fallen by 13% to £130,000. Bank borrowings have increased, reaching £30,000, and cash reserves have shrunk by 10% to £110,000. The company’s small size—meeting two of three criteria for a small business—helps it remain agile, but the decline in equity raises questions. Average employee numbers have also dropped by 23%, from 13 to 10. With the company exempt from an audit as a small business, the financial data is unaudited.

Overall, Hair Development appears to be navigating a period of financial pressure, despite its established reputation and focus on niche hair services. The company’s future success likely hinges on its ability to maintain its customer base and adapt to changing market conditions.

Registered in England/Wales under the registration number 02213489, with a registered address at SS11 7AT, United Kingdom, Wickford, Essex, 12 Station Court Station Approach.

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