The Nail Lab Group Limited

The Nail Lab Group Limited, based in Leeds, UK, is a small, active company founded three years ago. With a single employee and £57,387 in assets, it operates from a real address and is overseen by two directors and two owners. It holds a respectable Google rating of 4.0 based on 25 reviews and is an irregular importer of basic metal tools and utensils, with recent activity recorded two months ago. The company's website is primarily an Instagram account.

The Nail Lab Group Limited is involved in the hairdressing and other beauty treatment industries. It appears to be a small-scale operation, meeting two of the three criteria for a small company: turnover under £10.2 million and assets under £5.1 million, and employing fewer than 50 people. The Instagram account showcases manicures and nail art, suggesting a focus on nail services, but doesn’s offer online booking or e-commerce functionality. It seems to function primarily as a marketing and promotional platform.

Financially, The Nail Lab Group Limited presents a mixed picture. Cash bank on hand has decreased significantly by 52% to £14,000, while current assets have also fallen by 11% to £51,000. Creditors have decreased by 12%, which is good, but equity has also dropped by 11% to £18,000. Property, plant, and equipment have seen a 33% decline, indicating a potential reduction in assets. The company’s small size allows for flexibility, but the decrease in equity is concerning. As a small company, it’s exempt from an audit, and the financial statements are unaudited. It’s likely that the company is burning through cash to maintain operations, though the decreased creditors suggest better debt management.

Registered in England/Wales under the registration number 14030161, with a registered address at LS15 7JX, United Kingdom, Leeds, West Yorkshire, 20a Station Road.

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