Hairnbeauty Limited

Hairnbeauty Limited is a small, active company based in Greenford, UK, established 14 years ago in 2010. With six employees and £301,002 in assets, it operates as an e-commerce business selling cosmetic and toilet articles. Tai Liyakat serves as both director and owner, and the company's registered address is a real one, shared by only a few other businesses.

The company’s website, while not detailed, indicates a focus on retail sales through online channels. It’s a fairly standard e-commerce operation, selling beauty and personal care products. The site doesn’s offer much detail on the product range or target audience.

Financially, Hairnbeauty Limited presents a mixed picture. While current assets increased by 32% to £300,000, net assets dramatically declined by 950% to -£110,000. This significant drop in equity is concerning, suggesting a burn rate that outpaces revenue generation. Cash bank on hand decreased by 30% to £36,000, and trade debtors skyrocketed by 460% to £30,000—potentially indicating difficulties in collecting payments. Creditors also increased substantially, both within and after one year, to £81,000 and £150,000 respectively. Despite these challenges, the company’s average number of employees increased by 50% to nine, which could be a sign of growth or increased operational costs. The lack of an auditor mentioned is typical for a small company.

Overall, Hairnbeauty Limited is facing financial headwinds. The sharp decline in equity and increased debt suggest a need for careful management and potentially a reassessment of the business model. The increase in employees, however, could indicate expansion efforts—though whether these are sustainable remains to be seen.

Registered in England/Wales under the registration number 07306855, with a registered address at UB6 9PN, England, Greenford, 25 The Broadway.

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