Hairmedic Solutions Limited

Hairmedic Solutions Limited, based in Leeds, UK, is a small, family-run business with an active status. Founded eleven years ago in 2014, it employs just three people and holds £94,732 in assets. The company operates from a virtual address – seventeen other companies share the same location – and is managed by two directors and two owners.

Hairmedic Solutions specializes in trichology, offering treatments for hair loss in women and men. Its website showcases a range of products, including hair growth supplements and scalp care solutions, and provides online consultations with Iain Sallis, a trichologist with over 20 years of experience. The business model appears to be a blend of online retail and in-person consultations, with eight clinics nationwide and a focus on scientific methods and personalized care. They also offer expert witness services and hair mapping consultations.

Financially, Hairmedic Solutions shows a mixed picture. Current assets increased by 18% to £95,000, while net assets also grew by 27% to £74,000. Cash reserves increased by a significant 130% to £10,000. However, creditors decreased by 34% to £4,100. Bank borrowings remained steady at £2,100. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the changes in creditor balances suggest a need for careful cash flow management. The company is exempt from an audit, so the figures are unaudited.

The growth in assets and cash reserves is encouraging, but the fluctuations in creditor balances warrant closer attention. It's clear that Hairmedic Solutions is a small business navigating the challenges of a competitive market, relying on its specialist expertise and online presence to drive growth.

Registered in England/Wales under the registration number 08886836, with a registered address at LS1 2NE, Leeds, West Yorkshire, 3 Park Square East.

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