Hair Systems Europe Limited

Hair Systems Europe Ltd, based in Luton, UK, is a large, active company founded 26 years ago. Employing seven people, it holds £648,460 in assets and generates £1,579,360 in yearly revenue. With a real address and four directors, including one owner, the company maintains a Google rating of 4.0 based on three reviews. It's a regular importer of inorganic chemicals, with activity spanning seven months, the most recent in November 2024.

The company’s website, hsiinfohairsystemsinc.com, highlights its commitment to being a worldwide leader in the customized development, manufacturing, and packaging of reactive hair care products. A report from April 2008, "The Beauty Industry Report," takes a look at Hair Systems Inc., suggesting a broader scope than just hair systems. The website implies a focus on bespoke formulations and packaging solutions for the beauty industry.

Financially, Hair Systems Europe Ltd presents a mixed picture. While turnover increased by 26% to £1.6 million, net assets decreased by 2.1% to -£550,000. Cash reserves increased by 24% to £230,000, but bank borrowings decreased by 12% to £980,000. Trade debtors decreased by 50% to £60,000, which could indicate better collection practices, or perhaps a reduction in sales on credit. Administrative expenses increased by 6.5% to £340,000, which is not unusual for a growing company. The company is exempt from having an auditor, so the financial statements are unaudited.

Overall, Hair Systems Europe Ltd appears to be a stable, established player in its niche, although the negative equity suggests it’s not generating profits and is reliant on borrowing. The focus on customized hair care solutions and the broader beauty industry suggests a potential for growth, but managing its financial position will be key.

Registered in England/Wales under the registration number 03688136, with a registered address at LU3 3AN, Luton, Bedfordshire, 141-143 Camford Way, Sundon Park.

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