Strands Limited

Strands Limited is a small, active company based in Malpas, UK, founded 37 years ago in 1988. With seven employees and £753,635 in assets, it operates an e-commerce site and boasts two directors and one owner. The company’s registered address is real, with only one other business registered at the same location.

Strands Limited specializes in the retail sale via mail order houses or via internet, hairdressing and other beauty treatment industries. Its website, GSM Supplies, showcases a wide range of professional hair care products, including shampoos, conditioners, masks, treatments, and hair colour solutions. The site prominently features brands like Osmo, offering free next-day delivery and a discount code with every order. It's a well-designed site with clear product categories and a user-friendly shopping experience.

Financially, Strands Limited demonstrates a mixed picture. Current assets have increased by a substantial 38%, reaching £750,000, while net assets have also seen a significant rise of 49%, reaching £550,000. Cash reserves have more than doubled, increasing by 29% to £450,000. However, trade debtors have surged by 41%, reaching £250,000, which could indicate challenges in collecting payments. Creditors have also increased by 33%, reaching £220,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 80 employees) allows for flexibility, but the increase in debtors warrants attention. As a small company, it is exempt from an audit, so the financial information is unaudited.

Overall, Strands Limited appears to be growing, but it’s important to monitor the increase in trade debtors to ensure healthy cash flow.

Registered in England/Wales under the registration number 02216913, with a registered address at SY14 8NU, United Kingdom, Malpas, Cheshire, 23 Church Street.

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