Routes Hair Extensions Limited

Routes Hair Extensions Ltd, based in Sheffield, UK, is a small, active company established nine years ago. Employing 27 people, it holds £207,899 in assets and operates from a real address. Run by a single director and owner, the business primarily imports prepared feathers, down, and related items, artificial flowers, and human hair products – with 19 months of import activity recorded, the latest in August 2023. It also exports these same items, though irregularly, with just one month of export activity in July 2019.

The company’s website, Routes Hair Extensions, presents a modern e-commerce platform focused on luxury hair extensions. It boasts award-winning products, a wide range of options (including tape-in, nano tip, and clip-in extensions), and a focus on aftercare. The site also offers a free colour match service via WhatsApp and highlights a trade account option for salon professionals, promising exclusive discounts and fast delivery. Notably, the site mentions a "MVP Hair" range with a 12-18 month lifespan, backed by 210 days of coverage.

Financially, Routes Hair Extensions Ltd shows a mixed picture. While cash reserves increased by a significant 72% to £75,000, net assets also grew by 11% to £140,000. However, bank borrowings decreased by 28% to £5,500, and trade debtors fell by a considerable 34% to £28,000. The company’s small size (meeting two of three conditions for a small company) helps keep costs manageable, but the decrease in debtors could signal potential payment issues. The accounts are unaudited, a common occurrence for small companies, and no auditor is mentioned.

Overall, Routes Hair Extensions Ltd appears to be a growing business with a strong online presence and a focus on quality products. The company's ability to maintain its growth trajectory will depend on its ability to manage its finances effectively and navigate the competitive hair extension market.

Registered in England/Wales under the registration number 10129668, with a registered address at S36 2RH, England, Sheffield, 352-354 Manchester Road, Deepcar.

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