Salon Furniture Ltd

Salon Furniture Ltd, based in Birmingham, UK, is a small, active company founded seven years ago in 2017. With seven employees and £305,872 in assets, it operates from a real address and is overseen by one director and owner. The business is an irregular importer and exporter of furniture, lighting, and prefabricated buildings, with recent activity recorded in 2019 and 2021 respectively. Accounts and confirmation statements are currently overdue for two years, a bit concerning.

The company's website reveals a focus on supplying furniture and equipment for hair salons and barber shops. It operates both online and through a physical location, offering a wide range of products from leading brands like Takara Belmont and Ayala Salonfit. The site also highlights factory stock outlets and emphasizes nationwide delivery with manufacturer's warranty and after-sales service. It's a family-run business established in 1989, so it has a long history.

Financially, Salon Furniture Ltd presents a mixed picture. Current assets have seen a dramatic increase, jumping 950% to £310,000, while net assets have also risen significantly, increasing by 620% to £200,000. However, cash bank on hand has fallen 64%, dropping to £4,000. Trade debtors have also increased substantially, rising 1,600% to £300,000. Creditors have seen a big change too, with short-term liabilities increasing 570% to £45,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in cash reserves could be a cause for concern. No auditor is mentioned, likely due to the company’s exemption as a small entity. It's a bit odd that the accounts are overdue, though.

Registered in England/Wales under the registration number 10938043, with a registered address at B5 7EH, England, Birmingham, 180 Sherlock Street.

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