Modish Cosmetics Limited

Modish Cosmetics Ltd from Manchester UK: a small, active company founded seven years ago, employs just two people, and holds £691,530 in assets. It operates from a real address and is led by a solo founder who also serves as director and owner. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 247 reviews. It’s a regular importer of furniture, lighting, and prefabricated buildings, with 17 months of import activity recorded.

The company’s website showcases a wide range of products catering to barbers and hairdressers, including hair care, electrical tools, grooming supplies, and furniture. It offers brands like Wahl, BaBylissPro, and Andis, alongside its own Modish line. The site’s extensive catalog and clear categorization suggest a focus on providing a one-stop shop for professionals in the beauty industry. It’s a well-stocked site, with lots of products and brands.

Financially, Modish Cosmetics Ltd presents a mixed picture. While cash reserves have increased significantly, jumping 15000%, reaching £25,000, bank borrowings have also surged by 180%, now at £120,000. Current assets are up a healthy 88%, now at £690,000, but trade debtors have ballooned by 500%, reaching £110,000, which could indicate challenges in collecting payments. Creditors have also increased by 92%, now at £290,000. 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 increase in debt warrants attention. As a small company, it's exempt from an audit, so the financial statements are unaudited. The company's net assets have grown by 68%, now at £180,000.

Registered in England/Wales under the registration number 11207620, with a registered address at M14 5TP, United Kingdom, Manchester, 2 Wilmslow Road, Ground Floor.

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