Island Nail & Spa Ltd

Key Facts

Net Assets

Current: £11,883

Previous: £630

Change: +11,253 (+1786.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £46,852

Previous: £40,140

Change: +£6,712 (+16.7%)

Comment: Current assets grew moderately.

Cash

Current: £43,952

Previous: £37,240

Change: +£6,712 (+18%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £34,969

Previous: £39,510

Change: -£4,541 (-11.5%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £11,883

Previous: £630

Change: +£11,253 (+1786.2%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

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: 6

Previous: 5

Change: +1 (+20%)

Comment: Added a helper.