Jubilee Hair Ltd

Key Facts

Net Assets

Current: £263,683

Previous: £299,315

Change: -35,632 (-11.9%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £162,164

Previous: £463,766

Change: -£301,602 (-65%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £38,469

Previous: £377,793

Change: -£339,324 (-89.8%)

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

Creditors 1 Year

Current: £133,020

Previous: £156,943

Change: -£23,923 (-15.2%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £29,144

Previous: £306,823

Change: -£277,679 (-90.5%)

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

Fixed Assets

Current: £337,928

Previous: £12,492

Change: +£325,436 (+2605.2%)

Comment: Fixed assets increased significantly.

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: 17

Previous: 18

Change: -1 (-5.6%)

Comment: A slight contraction.