Simply Wigs Limited

Simply Wigs Ltd, based in Huddersfield, UK, is a small, active family business established seventeen years ago. Employing sixteen people, the company holds £436,669 in assets and operates a thriving e-commerce site with a stellar 5.0 Google rating from 181 reviews. It’s a regular importer and exporter of prepared feathers, down, and related items, as well as artificial flowers and human hair products, with consistent activity over the past several years. The business is run by three directors and two owners, with the Garrard family at the helm.

The company’s website showcases a vast selection of wigs, hairpieces, and accessories, catering to diverse needs and styles. It's clear that Simply Wigs is a specialist in this market, offering a wide range of brands and styles, alongside expert advice and wig care products. The website also features a blog with styling tips and customer stories, reinforcing its position as a trusted resource for wig wearers.

Financially, Simply Wigs Ltd presents a mixed picture. While average employee numbers increased by 12% to eighteen, cash bank holdings decreased by 12% to £390,000. Intangible assets saw a significant boost of 38% to £120,000, likely reflecting investments in its sales platform. However, net assets also fell by 12% to £250,000, and net current assets dropped by a more substantial 36% to £110,000. Trade creditors increased by 17% to £200,000, suggesting potentially increased borrowing. 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 decline in equity warrants further observation. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Simply Wigs Ltd appears to be navigating a period of change. While its online presence and customer reviews are strong, the financial data suggests some pressure on its liquidity—though it's likely a natural consequence of growth and investment.

Registered in England/Wales under the registration number 06473545, with a registered address at HD7 5BB, Huddersfield, Unit 2a/2b Spa Field Ind Estate, Slaithwaite.

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