Rachels Salon Ltd

Key Facts

Net Assets

Current: £9,284

Previous: £5,040

Change: +4,244 (+84.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £67,306

Previous: £68,435

Change: -£1,129 (-1.6%)

Comment: Current assets decreased slightly.

Cash

Current: £385

Previous: £1,514

Change: -£1,129 (-74.6%)

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

Creditors 1 Year

Current: £80,782

Previous: £77,995

Change: +£2,787 (+3.6%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £13,476

Previous: £9,560

Change: +£3,916 (+41%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.