Manchester Hair Products Ltd

Manchester Hair Products Ltd, a small, active company from Manchester, UK, has been operating for nine years. With just two employees and £29,148 in assets, this e-commerce business holds a stellar 5.0 Google rating based on 75 reviews. Founded in March 2016, it’s led by two directors and one owner, Mehmet Ryan.

The company’s website showcases a wide range of hair products, from colourants and treatments to electricals and tanning supplies. It operates primarily as an e-commerce store, offering products via its online platform. The site is well-stocked and regularly updated, with a clear focus on providing a diverse selection for hair professionals and enthusiasts alike.

Financially, Manchester Hair Products Ltd shows a mixed picture. While current assets are up slightly to £29,000, net assets have decreased significantly, dropping by 1500% to £510. Bank borrowings have also increased, rising by 5.4% to £7,800, and cash reserves have fallen by 63% to £6,000. Creditors have also decreased by 5.4% to £7,800. The company’s small size – meeting two of three conditions for being classified as small – helps it remain flexible, but the sharp decline in equity raises concerns. There’s no auditor mentioned, which is common for small companies.

Overall, Manchester Hair Products Ltd seems to be facing some financial pressures, but its strong online presence and positive customer reviews suggest a loyal customer base. It will be interesting to see how the company navigates these challenges and whether its online business can sustain its growth.

Registered in England/Wales under the registration number 10042628, with a registered address at M19 2SY, United Kingdom, Manchester, 1001 Stockport Road.

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