New Lobo Hair And Cosmetics Ltd

New Lobo Hair And Cosmetics Ltd, based in Enfield, UK, is a small, active company founded six years ago in 2018. Employing five people and holding £193,934 in assets, it’s a solo-founded operation with one director and owner. The company boasts a respectable 4.0 Google rating from 28 reviews, and operates from a real address at 546 Hertford Road. It’s an irregular importer, primarily dealing in essential oils and perfumes, with just one month of import activity recorded as of September 2023.

The company’s core business involves retail sale of cosmetic and toilet articles in specialised stores, operating primarily through a physical store. While a website isn't currently available, the business likely caters to local customers seeking beauty products and accessories. The company's branding suggests a focus on quality and perhaps a curated selection of items.

Financially, New Lobo Hair And Cosmetics Ltd shows a mixed picture. Current assets have decreased by 26% to £190,000, while net assets have plummeted by a staggering 3500% to -£160,000—a significant downturn. Bank borrowings have increased by 51% to £140,000, and cash reserves have fallen 57% to £42,000. Creditors have increased by 36% to £170,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility, but the sharp equity decline is concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, New Lobo Hair And Cosmetics Ltd appears to be navigating a challenging period. While the Google rating suggests customer satisfaction, the financial data indicates a need for careful management and perhaps a re-evaluation of strategies. The recent changes to the director and owner lists, made twenty-one days ago, could signal a fresh perspective aimed at stabilizing the business.

Registered in England/Wales under the registration number 11387919, with a registered address at EN3 5ST, United Kingdom, Enfield, 546 Hertford Road.

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