Salon Care Limited

Salon Care Limited, based in Basingstoke, UK, is a small, active company established 24 years ago in 2000. It employs just one person and holds £27,808 in assets, operating from a real address. Run by a single director and owner, the company is an irregular importer, primarily dealing in electrical machinery and equipment, with its last import activity recorded one month ago. The company operates in the repair of electrical equipment industries.

The business appears to be focused on a niche service, with no e-commerce presence readily apparent. Its website is minimal, offering limited information beyond contact details. This suggests a business-to-business model, potentially servicing local repair shops or industrial clients. The lack of a substantial online footprint could indicate a focus on word-of-mouth referrals and established relationships.

Financially, Salon Care Limited presents a mixed picture. Accumulated depreciation for computer equipment increased by 11%, while plant machinery saw a significant 40% decrease. Cash bank on hand fell by 62%, and corporation tax payable jumped by a substantial 540%. Creditors decreased by 62%, and current assets declined by 51%. 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 decrease in equity and current assets warrants closer attention. The company is exempt from audit, and the financial statements are unaudited.

The decrease in cash reserves, coupled with the rise in corporation tax payable, suggests the company may be burning through cash. However, the reduction in creditors indicates improved debt management. It's likely that the company is facing challenges in maintaining profitability, but the decrease in plant machinery depreciation could be a positive sign of asset disposal or reduced maintenance costs.

Registered in England/Wales under the registration number 04081982, with a registered address at RG22 4NB, England, Basingstoke, Hampshire, 2 Corelli Road.

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