L & Co

Lydia (left) with her apprentice Laura Gilroy, 19 (right)

Young entrepreneur proves she’s a cut above

An aspiring young entrepreneur has proven that age is just a number, with the launch of a new health and beauty salon in Meltham.

Lydia Newman has opened her first business, L & Co Hair & Beauty, at the age of just 21, thanks to £50,000 worth of funding from NatWest.

After being introduced to the bank by Iain Blair from ASC Finance, Huddersfield, the qualified hairdresser and beautician has used the funds to help purchase and fit out the new salon on Clarke Lane.  

Ever since she was young, Newman has had ambitions to be a hairdresser, following in the footsteps of her mum Vanda, who is also a hairdresser.

From the age of 15, she has volunteered in salons, put herself through hair and beauty college and taken additional self-funded qualifications in hair extensions to further her career.

Now after spending two years building a client base by renting a room above a local salon, Lydia has decided to go it alone with the launch of L & Co Beauty.

With the help of her family, she renovated the former children’s party bag store by installing new walls and floors, transforming the space into a hair salon with separate nail technician and massage/beauty areas.

Her new salon will also provide support to other young people in the industry and currently employs an apprentice.

She said: “Owning my own salon has been a dream of mine for as long as I can remember and now thanks to NatWest I’ve been able to make this a reality.

"As a young entrepreneur, I knew funding would be a challenge, but NatWest has made the whole process as easy as possible.

"Obtaining finance from NatWest has freed up other funds, allowing me to fit out the salon out with all the equipment and furniture I need. I’m now open for business and I’ve already got a steady list of clients making appointments.”

Richard Wood, relationship manager at NatWest, added: “Lydia is very business savvy and has already achieved an impressive customer base.

"I think her age works in her favour as she has a fresh outlook on both her profession and her business and it’s obvious her customers agree.”