Hair and beauty salon companies in the Romford area
734 hair and beauty salon companies have a registered office in the Romford area (RM postcodes), and 236 of them were formed in 2025 or 2026. In their latest accounts, the typical one held £3,298 in cash and owed £6,582 at year end.
The numbers
| Measure | Romford | UK |
|---|---|---|
| Registered companies | 734 | 70,423 |
| Formed in 2025 or 2026 | 236 (32%) | 29% |
| Being struck off or in liquidation | 64 (8.7%) | 11% |
| Typical cash at year end | £3,298140 accounts | £4,638 |
| Typical amount owed at year end | £6,582361 accounts | £8,939 |
| Typical number of employees | 1376 accounts | 2 |
What this means if you’re starting one
Cash is tight in this trade
At year end the typical hair and beauty salon company in the Romford area (RM postcodes) holds £3,298 in cash and owes £6,582; that cash figure is lower than 99% of UK industries.
Typical operators end the year holding less cash than they owe, so there is little slack if takings dip or a big bill lands early.
Most of these businesses are run by one or two people
The typical hair and beauty salon company in the Romford area (RM postcodes) reports 1 employee; the top quarter has 3 or more (376 filings).
You are mostly up against owner-operators. Your own hours are likely to be your biggest cost, and the easiest one to undercount.
At least a quarter of these companies owe more than they own
The lowest quarter of hair and beauty salon companies in the Romford area (RM postcodes) report net assets of -£2,557 or less; the median is £703 (356 filings).
Many operators are propped up by loans, unpaid bills or money from the owner rather than by profit kept in the business. It is easy to keep going for longer than the numbers justify.
Planning a business like this in Romford?
Answer two questions about your customer and what makes you different, and get a free three-week plan to test the idea before you spend real money. No account or card.
Check my ideaWhat these figures can’t tell you
Companies are counted where their registered office is, which may be an accountant or a home address rather than a shop. Sole traders and partnerships are not on the register, and electronically filed accounts cover roughly 60–75% of accounts filed each year. The figures describe companies that exist; they cannot prove demand for your idea or predict whether it will work. How the figures are built.
Hair and beauty salon in other places
- London11,516 companies
- Enfield1,048 companies
- Harrow984 companies
- Croydon661 companies
- Twickenham661 companies
- Ilford641 companies
- Southall542 companies
- Birmingham2,308 companies
Other businesses in Romford
- Online shop2,495 companies
- Buy-to-let landlord2,093 companies
- Haulage1,742 companies
- Builder1,558 companies
- Business consultancy1,537 companies
- IT support or consultancy1,403 companies
- Dog grooming and other personal services1,195 companies
- Physiotherapy or therapy clinic1,175 companies