Mg Hairdressing Ltd

Key Facts

Net Assets

Current: £55,221

Previous: £59,461

Change: -4,240 (-7.1%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £2,511

Previous: £2,965

Change: -£454 (-15.3%)

Comment: Current assets reduced noticeably.

Cash

Current: £1,401

Previous: £2,115

Change: -£714 (-33.8%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £25,000

Previous: £25,000

Change: +£0 (+0%)

Comment: No change in short‑term creditors.

Net Current Assets Liabilities

Current: £6,696

Previous: £5,427

Change: +£1,269 (+23.4%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 2

Change: +0 (+0%)

Comment: No change in team size.