New Hair & Beauty Lounge Ltd

Key Facts

Net Assets

Current: £18,394

Previous: £20,320

Change: -1,926 (-9.5%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £5,280

Previous: £2,070

Change: +£3,210 (+155.1%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £9,397

Previous: £9,467

Change: -£70 (-0.7%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £999

Previous: £2,395

Change: -£1,396 (-58.3%)

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

Fixed Assets

Current: £20,395

Previous: £25,215

Change: -£4,820 (-19.1%)

Comment: Fixed assets reduced noticeably.

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: 8

Previous: 9

Change: -1 (-11.1%)

Comment: Lost a team member.