Avan Nails Ltd

Key Facts

Net Assets

Current: £1,499

Previous: £381

Change: +1,118 (+293.4%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £5,665

Previous: £42,174

Change: -£36,509 (-86.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £7,580

Previous: £23,580

Change: -£16,000 (-67.9%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £5,316

Previous: £19,257

Change: -£13,941 (-72.4%)

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

Fixed Assets

Current: £3,763

Previous: £4,704

Change: -£941 (-20%)

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: 4

Previous: 5

Change: -1 (-20%)

Comment: Lost a team member.