Only Curls Ltd

Only Curls Ltd is a small, active company based in London, UK, founded nine years ago in 2016. It employs seven people and holds assets valued at £1,612,507. The company operates from a real address and is run by two directors and two owners. It runs an e-commerce site, regularly importing headgear and accessories (29 months) and occasionally exporting them (2 months).

The website, Only Curls, is dedicated to curly hair care. It offers a wide range of products, including cleansing, conditioning, styling, and accessories, specifically designed for curly hair. The site emphasizes bundles, new arrivals, and a "curl quiz" to help customers find the right products. It also has a section for kids' hair care, called "Little Curls," and offers styling advice and tutorials. The site is clearly focused on building a community around curly hair care, with a blog and customer reviews.

Financially, Only Curls Ltd presents a mixed picture. Cash bank on hand has dropped significantly by 47%, falling to £220,000, while bank borrowings have surged by a staggering 2,400%, reaching £430,000. Creditors have also increased substantially, rising 26% to £1,300,000. However, trade debtors have increased by 170%, suggesting that customers are paying later. The company’s size—meeting two of three conditions for being considered small—helps it remain flexible, but the increase in borrowing and decrease in cash reserves are concerning. The company’s net assets have increased by 5.8% to £370,000. It’s important to note that the accounts are unaudited, and the company is exempt from an audit due to its small size. The company’s tax expense has increased by 150%, reaching £280,000.

Registered in England/Wales under the registration number 10088963, with a registered address at SW13 0PZ, England, London, 68 White Hart Lane.

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