Robert Kirby London Limited

Robert Kirby London Limited, based in Balham, London, is a small, active company established ten years ago. Employing five individuals and holding £46,155 in assets, it’s a solo-founded venture led by a single director and owner. The business boasts a stellar 5.0 Google rating from 36 reviews and operates from a real address shared by three other companies. It’s a regular importer, specializing in essential oils and perfumes, with recent activity recorded in September 2024.

The company’s website highlights its services as a hairdresser, with two locations: Balham and Wimbledon. Operating hours are clearly displayed, and the site includes sections for history, news, collections (men and women), contact information, a map, and customer reviews. It also features a "celebrity wall" and pricing details, suggesting a focus on high-end clientele. The website's design and content indicate a retail business with a strong emphasis on personal service and style.

Financially, Robert Kirby London Limited presents a concerning picture. Cash reserves have plummeted by a staggering 92%, leaving just £760 on hand. Current assets have decreased by 2.4% to £46,000, while net losses have widened significantly, reaching -£78,000. Bank borrowings have increased by 5.8%, now standing at £51,000, and creditors have risen by 21%, reaching £120,000. While trade debtors have increased by 22%, this may indicate delayed payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from a full audit, and the accounts are unaudited.

The company's reliance on short-term bank loans and the substantial net deficit, alongside the decrease in cash reserves, suggest it's burning through money. While the business enjoys a good reputation and a loyal customer base, the financial figures raise questions about its long-term viability. The director is not aware of any reason why the short term bank loan may be withdrawn, which is a good sign, but the company needs to find a way to improve its cash flow.

Registered in England/Wales under the registration number 09077164, with a registered address at SW12 0HR, England, London, 70 Emmanuel Road.

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