Regen Bespoke Hair Systems Ltd

Xtra9ce Wigs And Hair Pieces Ltd, based in Chorley, UK, is a small, active company founded just two years ago. With £21,159 in assets and a virtual address shared by ninety-eight other companies, it’s a solo-founded operation run by a single director and owner. The business operates an e-commerce site, boasting a perfect 5.0 Google rating from forty reviews. It’s a small business, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website, Xtra9ce Wigs, focuses on providing human hair wigs, toppers, and extensions for individuals experiencing hair loss. It emphasizes expert craftsmanship, customer reviews, and a range of styles and colors. The site’s blog and FAQs section offer helpful advice on wig care and styling, reinforcing its position as a trusted resource. The company also operates a salon, offering personalized consultations and styling services.

Financially, Xtra9ce Wigs Ltd presents a mixed picture. Creditors have increased dramatically, rising by 470% to £64,000, which could indicate increased investment in stock or expansion. Current assets, however, have grown by 360% to £21,000. The company’s retained earnings and accumulated losses have fallen significantly, dropping by 5300%, resulting in a net asset liability of -£37,000. Cash reserves have increased by 77% to £8,200. The lack of employees (zero reported) suggests a lean operation, and the accounts are unaudited, likely due to its small size.

While the e-commerce side appears active and well-reviewed, the financial data suggests the company is burning through cash. The increase in creditors, combined with the negative equity, raises concerns about its long-term viability. However, the growth in current assets and cash reserves indicates some success in generating revenue. It’s likely the company is reinvesting profits into its business, but it will need to carefully manage its expenses to avoid running into financial difficulties.

Registered in England/Wales under the registration number 14171524, with a registered address at PR7 5BX, England, Chorley, 112 Spendmore Lane, Coppull.

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