Renaissance Hair Salon Ltd

Key Facts

Net Assets

Current: £228

Previous: £481

Change: -253 (-52.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £13,453

Previous: £7,058

Change: +£6,395 (+90.6%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £12,265

Previous: £7,177

Change: +£5,088 (+70.9%)

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

Net Current Assets Liabilities

Current: £1,188

Previous: £119

Change: +£1,069 (+898.3%)

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

Fixed Assets

Current: £1,440

Previous: £1,800

Change: -£360 (-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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.