Q&lounge Ltd

Q&lounge Ltd is a small, active company based in London, UK, founded five years ago in 2019. It employs eight people and holds £33,230 in assets, operating from a real address on Western Road. The company is led by a single director and owner, Hadi Hassan Amouri, and is described as a solo founder. It regularly imports furniture, lighting, and prefabricated buildings, with the most recent import activity recorded three months ago.

The company’s website reveals a focus on barber services. Q Lounge operates as an appointment-based barbershop, specializing in individual consultations, haircuts, and beard care. It emphasizes a modern, stylish environment and high-end results, offering a private booking experience. The website lists prices for various services, including haircuts, beard trims, and hair styling, and highlights its location in Penge, South London.

Financially, Q&lounge Ltd shows a mixed picture. Cash bank on hand increased by a substantial 100%, reaching £16,000, which is good news. However, net current liabilities worsened significantly, rising 100% to -£89,000. Creditors also increased by 78%, reaching £120,000, which could indicate growing expenses. On the positive side, the company’s assets have increased by 34% to £33,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in liabilities suggests it may be burning through cash. The accounts are abridged and unaudited, meaning they rely on director-reported data.

It seems Q&lounge Ltd is navigating the challenges of running a small business, with a focus on providing a premium barbering experience. Whether it can maintain its growth and manage its liabilities remains to be seen.

Registered in England/Wales under the registration number 12148376, with a registered address at NW10 7LT, London, 823 Western Road.

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