Olympic Shaver Centre Limited

Olympic Shaver Centre Ltd from Nottingham UK: a small, active company founded 48 years ago, employs 22 people, and holds £7,039,085 in assets. With a real address and four directors (though no owners reported), it maintains a Google rating of 3.0 based on 95 reviews. The company regularly imports and exports electrical machinery and equipment, with 179 months of import activity and 5 months of export activity.

The company's website, Shavers.co.uk, is an e-commerce platform specializing in electric shavers, beard trimmers, hair clippers, and related accessories. It offers a wide range of brands, including Braun, Panasonic, Philips, Remington, and Wahl, catering to both men and women. The site provides detailed product descriptions, customer reviews, and helpful guides on shaving and grooming techniques. It even offers replacement parts and accessories, and has a section dedicated to advice and how-to guides.

Financially, Olympic Shaver Centre Ltd presents a mixed picture. Current assets have decreased by 13% to £7,000,000, while net assets have also fallen by 2.1% to £6,700,000. Bank borrowings have dramatically increased by 100% to £0, and cash reserves have dropped by 42% to £1,400,000. Trade debtors have also risen by 30%, suggesting potential issues with customer payments. Creditors, however, have decreased by 44%, which is a positive sign. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The unaudited financial statements, prepared using CCH Accounts Production software, don’t mention an auditor.

Despite the decline in assets, Olympic Shaver Centre Ltd seems to be holding its own, benefiting from its long-standing presence in the market and its diverse product offering. The company's focus on customer service and its well-designed website likely contribute to its continued success.

Registered in England/Wales under the registration number 01286489, with a registered address at NG14 6QL, England, Nottingham, Olympic Shaver Centre Units 6 - 8 Calverton Business Park, Hoyle Road.

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