1066 Hair Studio Ltd

Key Facts

Net Assets

Current: £13,629

Previous: £13,469

Change: +160 (+1.2%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £10,077

Previous: £8,623

Change: +£1,454 (+16.9%)

Comment: Current assets grew moderately.

Cash

Current: £1,961

Previous: £5,623

Change: -£3,662 (-65.1%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £5,074

Previous: £4,840

Change: +£234 (+4.8%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £5,003

Previous: £3,783

Change: +£1,220 (+32.2%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £8,691

Previous: £9,814

Change: -£1,123 (-11.4%)

Comment: Fixed assets reduced noticeably.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 5

Previous: 4

Change: +1 (+25%)

Comment: Added a helper.