Phase 2 Premier Salon Limited

Key Facts

Net Assets

Current: £51,711

Previous: £71,423

Change: -19,712 (-27.6%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £85,269

Previous: £113,529

Change: -£28,260 (-24.9%)

Comment: Current assets reduced noticeably.

Cash

Current: £71,537

Previous: £98,100

Change: -£26,563 (-27.1%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £34,880

Previous: £1,667

Change: +£33,213 (+1992.4%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £50,389

Previous: £70,895

Change: -£20,506 (-28.9%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £1,322

Previous: £2,195

Change: -£873 (-39.8%)

Comment: Fixed assets fell significantly.

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: 20

Previous: 20

Change: +0 (+0%)

Comment: No meaningful change.