No1 Hair Ltd

Key Facts

Net Assets

Current: £553

Previous: £9,648

Change: -9,095 (-94.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £735

Previous: £7,418

Change: -£6,683 (-90.1%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £735

Previous: £7,418

Change: -£6,683 (-90.1%)

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

Creditors 1 Year

Current: £6,620

Previous: £5,818

Change: +£802 (+13.8%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £5,885

Previous: £1,600

Change: +£4,285 (+267.8%)

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

Fixed Assets

Current: £6,438

Previous: £8,048

Change: -£1,610 (-20%)

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: 7

Previous: 5

Change: +2 (+40%)

Comment: Strengthening the team.