Innovate Hair Salon Limited

Key Facts

Net Assets

Current: £78,372

Previous: £89,739

Change: -11,367 (-12.7%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £142,318

Previous: £152,550

Change: -£10,232 (-6.7%)

Comment: Current assets decreased slightly.

Cash

Current: £23,071

Previous: £31,612

Change: -£8,541 (-27%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £48,883

Previous: £43,491

Change: +£5,392 (+12.4%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £93,435

Previous: £109,059

Change: -£15,624 (-14.3%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 10

Previous: 10

Change: +0 (+0%)

Comment: No change in team size.