Ion Originals Limited

Ion Originals Limited, based in West Yorkshire, UK, is a small, active company founded 18 years ago. With four employees and £43,193 in assets, it operates from a virtual address – registered at an address shared by 51 other companies – and is led by two directors and a single owner. The company is a regular importer of electrical machinery and equipment, with 40 months of import activity recorded, the last in July 2022.

The company’s website, ionoriginals.co.uk, showcases a specialist business focused on repairing and supplying parts for ghd and Cloud Nine hair straighteners. It offers repair services, sells spare parts, and even refurbishes hair stylers, catering to both retail and trade customers. The site emphasizes 15 years of experience and a commitment to quality, highlighting its position as the UK’s leading specialist in this niche market.

Financially, Ion Originals Limited presents a mixed picture. While bank borrowings decreased by 13%, cash reserves increased by a healthy 78% to £6,600. However, net assets declined by 49% to -£30,000, and net current assets plummeted to -£400 – a significant shift. Trade debtors increased by 27%, suggesting potential delays in customer payments, while creditors also rose by 74%, possibly reflecting increased supplier costs. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the equity decline warrants attention. With no auditor mentioned, the financial statements are unaudited.

Overall, Ion Originals Limited appears to be navigating a period of change. The company’s focus on a specialized market and its reputation for quality are strengths, but the financial data suggests a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 05903385, with a registered address at HD1 1PA, West Yorkshire, 35 Westgate, Huddersfield.

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