Mela Hair & Beauty Ltd

Key Facts

Net Assets

Current: £114,310

Previous: £72,000

Change: +42,310 (+58.8%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £13

Previous: £10,678

Change: -£10,665 (-99.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £13

Previous: £1,895

Change: -£1,882 (-99.3%)

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

Creditors 1 Year

Current: £57,184

Previous: £66,776

Change: -£9,592 (-14.4%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £86,645

Previous: £53,457

Change: +£33,188 (+62.1%)

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

Fixed Assets

Current: £29,519

Previous: £48,233

Change: -£18,714 (-38.8%)

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.