Abstract Hairdressing Limited

Key Facts

Net Assets

Current: £3,902

Previous: £44,019

Change: -40,117 (-91.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £263,741

Previous: £297,843

Change: -£34,102 (-11.4%)

Comment: Current assets reduced noticeably.

Cash

Current: £207,856

Previous: £198,644

Change: +£9,212 (+4.6%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £110,124

Previous: £40,000

Change: +£70,124 (+175.3%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £9,122

Previous: £26,879

Change: -£17,757 (-66.1%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £139,076

Previous: £146,164

Change: -£7,088 (-4.8%)

Comment: Fixed assets decreased slightly.

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: 20

Previous: 20

Change: +0 (+0%)

Comment: No meaningful change.