Lockes Hair Salon Limited

Key Facts

Net Assets

Current: £6,399

Previous: £11,763

Change: -5,364 (-45.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £7,639

Previous: £18,319

Change: -£10,680 (-58.3%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £3,606

Previous: £1,272

Change: +£2,334 (+183.5%)

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

Net Current Assets Liabilities

Current: £5,233

Previous: £9,907

Change: -£4,674 (-47.2%)

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

Fixed Assets

Current: £1,789

Previous: £3,779

Change: -£1,990 (-52.7%)

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: 4

Previous: 5

Change: -1 (-20%)

Comment: Lost a team member.