Novo Hair Limited

Key Facts

Net Assets

Current: £142,587

Previous: £91,772

Change: +50,815 (+55.4%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £78,560

Previous: £47,810

Change: +£30,750 (+64.3%)

Comment: Current assets increased significantly.

Cash

Current: £70,273

Previous: £38,421

Change: +£31,852 (+82.9%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £130

Previous: £9,035

Change: -£8,905 (-98.6%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £9,236

Previous: £38,886

Change: -£29,650 (-76.2%)

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

Fixed Assets

Current: £139,692

Previous: £147,974

Change: -£8,282 (-5.6%)

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: 24

Previous: 15

Change: +9 (+60%)

Comment: Strong expansion.