Hair-tech Ipswich Ltd

Hair-Tech Ipswich Ltd, from Ipswich, UK, is a small, active company founded five years ago in 2019. With two employees and a real address, it's a compact operation managed by one director and owner, boasting a respectable Google rating of 4.0 based on 59 reviews. The company operates in the retail sale of cosmetic and toilet articles, hairdressing, and beauty treatments—a diverse range of services.

The website, while present, is primarily a Facebook login page. It offers no direct e-commerce functionality, suggesting Hair-Tech Ipswich Ltd relies on external platforms or in-person sales. There’s no indication of an independent website selling products directly. Instead, it functions as a portal to connect with customers through Facebook.

Financially, Hair-Tech Ipswich Ltd presents a mixed picture. While bank borrowings decreased by 16%, cash reserves surged a remarkable 530%, reaching £4,600. However, net assets and retained earnings both declined significantly, dropping 46% to -£7,400. Property, plant, and equipment also decreased by 15%, reflecting a reduction in assets. Creditors also fell by 16%, which is a good sign. The company meets two of the three criteria to be considered small, with turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, which is common for small, exempt companies.

Overall, Hair-Tech Ipswich Ltd seems to be navigating a period of change. The increase in cash reserves is positive, but the decline in equity suggests the company may be burning through money or facing financial pressures. The lack of a dedicated website and reliance on Facebook could indicate a limited online presence, which may impact growth potential.

Registered in England/Wales under the registration number 12157045, with a registered address at IP1 2NL, United Kingdom, Ipswich, 70-72 Norwich Road.

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