Salon Promotions Limited

Salon Promotions Ltd, based in Barnoldswick, UK, is a small holding company with an active status, having been founded 17 years ago in 2007. The company employs 63 people and holds assets valued at £3,921,410. It has a real address and is managed by two directors and one owner, boasting a stellar 5.0 Google rating from 11 reviews. They are regular importers of essential oils and perfumes, with 24 months of import activity recorded.

The company operates in the other business support service activities n.e.c. industries and primarily serves professional hairdressers and colourists. Their website showcases a wide range of brands, including Alterna, Cloud Nine, and Olaplex, offering everything from shampoo and conditioners to electrical styling tools and vegan products. They also provide education courses and support salons with their business. The website is exclusively for trade customers.

Financially, Salon Promotions Ltd’s numbers present a mixed picture. While current assets increased by 3.1% to £3,900,000, net assets remained unchanged at £3,100,000. Cash bank on hand, however, decreased by 10% to £420,000. Creditors have increased by 14% to £890,000, and other creditors have seen a significant jump of 85% to £380,000. Trade debtors, on the other hand, have fallen by 11% to £770,000. The company’s small size (meeting two of three conditions for being a small company) helps keep overheads manageable. As a small company, the accounts are unaudited.

The company’s significant increase in other creditors and the decrease in cash reserves suggest that Salon Promotions Ltd is likely investing in its business or facing some short-term cash flow challenges. However, the increase in assets and the strong Google rating indicate a healthy core business. The lack of a named auditor is consistent with its status as a small, exempt company.

Registered in England/Wales under the registration number 06355943, with a registered address at BB18 6JZ, England, Barnoldswick, Lancashire, Prospect House West Craven Drive, Earby.

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