Nails & Brows Limited

Nails & Brows Limited, based in Borehamwood, UK, is a small, active company established twelve years ago in 2013. With twenty-one employees and £671,671 in assets, it operates from a virtual address shared by numerous other businesses, a detail that warrants further investigation. The company is led by one director and one owner, Riley Sherrille Rosemarie, and is classified as an irregular importer, primarily dealing in leather goods, travel bags, and animal harnesses, though its last import activity occurred over seven years ago in September 2017.

The company’s website showcases a network of beauty treatment salons across Hertfordshire, offering a range of services including nail treatments, pedicures, threading, lash and brow styling, massage, waxing, and male grooming. Testimonials highlight the quality of service and welcoming atmosphere, with clients praising the skilled technicians and vibrant color selections. The salons are located in Borehamwood, Beaconsfield, and Gerrards Cross, and open on Sundays in Beaconsfield.

Financially, Nails & Brows Limited presents a mixed picture. While current assets increased by 9.5% to £670,000, trade debtors skyrocketed by 100% to £180,000, suggesting potential issues with customer payments. Bank borrowings also increased, and cash reserves decreased by 8.1% to £480,000. On a more positive note, creditors decreased by 16%, indicating improved debt management. The company’s small size—meeting two of three criteria for being classified as small—allows for agility, but the increase in debtors is a cause for concern. As a small company, it’s exempt from an audit, and the financial statements are unaudited.

Overall, Nails & Brows Limited seems to be navigating a period of change. While its salon network appears to be thriving, the financial data suggests potential challenges with cash flow and customer payments. The company’s reliance on a virtual address also raises questions about its operational structure and potential risks.

Registered in England/Wales under the registration number 08345883, with a registered address at WD6 4PJ, England, Borehamwood, Hertfordshire, C/O Factotum Group Llp The Kinetic Centre, Theobald Street.

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