Lab Hair Salon Ltd

Key Facts

Net Assets

Current: £27,210

Previous: £49,080

Change: -21,870 (-44.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £3,541

Previous: £10,513

Change: -£6,972 (-66.3%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £3,541

Previous: £3,513

Change: +£28 (+0.8%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £33,943

Previous: £62,111

Change: -£28,168 (-45.4%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £30,402

Previous: £51,598

Change: -£21,196 (-41.1%)

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

Fixed Assets

Current: £3,192

Previous: £4,794

Change: -£1,602 (-33.4%)

Comment: Fixed assets fell 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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.