Salon Focus Ltd

Salon Focus Ltd, based in Atherton, UK, is a small, active company established 22 years ago. With nine employees and £230,927 in assets, it’s a well-established operation. The company, led by two directors and one owner, maintains a real address and boasts a stellar 5.0-star Google rating from eight reviews. It’s a regular importer, specializing in essential oils and perfumes, with 13 months of import activity recorded, the latest in October 2024.

The company operates within the wholesale of perfume and cosmetics industries, as described on its profile page. It’s a private limited company, and the director acknowledges his responsibilities under the Companies Act. The company has elected not to include a copy of the profit and loss account within the financial statements.

Financially, Salon Focus Ltd shows some concerning trends. While its turnover remains undisclosed, its net assets have plummeted by 67% to -£500,000. Bank borrowings have increased significantly, jumping 62% to £240,000, and cash reserves have fallen by a substantial 75% to just £11,000. Creditors have also risen, increasing 26% to £600,000. The company's employee numbers have increased by 22% to 11. Despite these challenges, the company meets two of three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned.

The company’s financial statements have been prepared in accordance with FRS 102. The company’s director has elected not to include a copy of the profit and loss account within the financial statements. The company is holding steady, but the sharp equity drop and increased debt raise questions about its long-term financial health.

Registered in England/Wales under the registration number 04642831, with a registered address at M46 0SY, Atherton, Greater Manchester, 33 Gibfield Park Avenue, Gibfield Park.

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