Miami Tanning Studio Coventry Limited

Key Facts

Net Assets

Current: £148,315

Previous: £273,128

Change: -124,813 (-45.7%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £104,300

Previous: £219,134

Change: -£114,834 (-52.4%)

Comment: Current assets fell significantly.

Cash

Current: £98,800

Previous: £213,039

Change: -£114,239 (-53.6%)

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

Creditors 1 Year

Current: £112,955

Previous: £105,344

Change: +£7,611 (+7.2%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £8,655

Previous: £113,790

Change: -£105,135 (-92.4%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £209,293

Previous: £213,784

Change: -£4,491 (-2.1%)

Comment: Fixed assets decreased slightly.

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: 9

Previous: 7

Change: +2 (+28.6%)

Comment: Strengthening the team.