Salon Equipment Centre Limited

Salon Equipment Centre Ltd, based in Lutterworth, UK, is a small, family-run business with an active status, celebrating 27 years in operation. Employing 20 people and boasting assets of £2,125,139, the company operates from a real address and is overseen by three directors and two owners. It’s a regular importer and exporter, specializing in furniture, lighting, and prefabricated buildings – 476 months of imports and 16 months of exports recorded.

The company’s website, infosalonequipmentcentre.co.uk, presents itself as the UK's largest display of salon furniture. It’s clear the site is designed to encourage registration and cookie usage, with prominent calls to action. The site’s structure is a comprehensive catalogue of salon equipment, divided into categories like "Salon Styling Chairs," "Salon Backwash Units," and "Salon Trolleys." It also offers bespoke furniture options and a showroom visit. While the website is visually appealing, it’s somewhat clunky, with repeated calls to action and a lack of clear navigation. It also seems to be running a few errors.

Financially, Salon Equipment Centre Ltd shows some concerning trends. While bank borrowings decreased by a significant 25%, dropping to £260,000, cash reserves fell by 51%, leaving just £1,100,000. Creditors also decreased by 18%, which could indicate improved debt management. However, the most worrying aspect is the sharp decline in net assets, which plummeted 7.4% to £2,200,000. Trade debtors also decreased by 56%, suggesting possible issues with customer 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) allows for agility, but the equity drop warrants closer attention. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Salon Equipment Centre Ltd appears to be a well-established business facing some financial headwinds. The company’s focus on family ownership and British craftsmanship is evident, but the recent financial trends suggest a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 03451410, with a registered address at LE17 4YB, Lutterworth, Leicestershire, 7 Turnpike Close, Bilton Way.

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