K Nails Studio Ltd

Key Facts

Net Assets

Current: £631

Previous: £7,567

Change: -6,936 (-91.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £22,653

Previous: £18,265

Change: +£4,388 (+24%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £24,796

Previous: £14,397

Change: +£10,399 (+72.2%)

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

Net Current Assets Liabilities

Current: £2,143

Previous: £3,868

Change: -£1,725 (-44.6%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £2,774

Previous: £3,699

Change: -£925 (-25%)

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: 1

Change: +3 (+300%)

Comment: Growing the team by 3 people.