Professional Grooming Supplies Limited

Professional Grooming Supplies Ltd from Leicester UK: a small, active company established ten years ago, employs two people, and holds £137,533 in assets. Operating from a virtual address, it’s a family business overseen by two directors and two owners. The company regularly imports electrical machinery and equipment, with 20 months of import activity recorded.

The business operates primarily as an online retailer, offering a wide range of products for professional dog and cat groomers. Its website showcases everything from electric dog baths and hydraulic tables to clippers, scissors, shampoos, and workwear. The site is well-organized, featuring clear product categories, brand listings, and a blog with grooming tips. It also offers a student discount application, a testament to its commitment to supporting the next generation of groomers.

Financially, Professional Grooming Supplies Ltd shows a mixed picture. Current assets decreased by 21% to £140,000, while net assets dropped 9.7% to £24,000. Bank borrowings increased by 7.5%, reaching £50,000, and cash reserves disappeared completely. Creditors, however, fell by 23%, suggesting improved debt management. 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 sharp decline in equity is concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s regular import activity suggests a reliance on overseas suppliers, which could be vulnerable to supply chain disruptions. While the website is well-designed and the product range is extensive, the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 09437137, with a registered address at LE1 7RU, United Kingdom, Leicester, Granville Hall, Granville Road.

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