House Of Naf! Ltd.

House Of Naf! Ltd from Glasgow, UK, is a small, active company founded five years ago. Employing five people, it holds £24,732 in assets and operates from a real address. With one director and owner—a solo founder—it enjoys a stellar 5.0 Google rating based on two reviews. The company is an irregular importer of plastics and plastic products, with just one month of import activity recorded.

The company’s website showcases a unique blend of services. It’s primarily a nail salon and training centre, offering a range of treatments, courses, and rental spaces. The site emphasizes a community feel, with resident nail techs, nail art guides, and opportunities for young people. It also features a retail section, although currently closed. The website’s design is modern and visually appealing, suggesting a focus on aesthetics and customer experience.

Financially, House Of Naf! Ltd presents a mixed picture. While current assets have increased by 55% to £25,000, net assets have plunged 310% to -£59,000. Bank borrowings have surged by a staggering 1400% to £8,500, and cash reserves have declined by 20% to £1,300. Creditors have also increased significantly, rising 120% to £73,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the substantial equity decline and increased debt raise concerns. The lack of an auditor (likely exempt) means the figures are unaudited.

Overall, House Of Naf! Ltd seems to be burning through money. The business is clearly focused on growth, offering a wide range of services and training programs, but the financial data suggests it’s struggling to maintain a healthy balance sheet. The surge in debt and decline in equity are worrying signs, and the company will need to carefully manage its finances to ensure its long-term survival.

Registered in Scotland under the registration number SC643083, with a registered address at G2 4PB, Scotland, Glasgow, 19 Elmbank Street.

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