Sonico Barbers Ltd

Key Facts

Net Assets

Current: £229

Previous: £15,823

Change: -15,594 (-98.6%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £19,997

Previous: £21,182

Change: -£1,185 (-5.6%)

Comment: Current assets decreased slightly.

Cash

Current: £8,047

Previous: £20,682

Change: -£12,635 (-61.1%)

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

Creditors 1 Year

Current: £27,951

Previous: £15,588

Change: +£12,363 (+79.3%)

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

Net Current Assets Liabilities

Current: £7,954

Previous: £5,594

Change: +£2,360 (+42.2%)

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: 5

Previous: 4

Change: +1 (+25%)

Comment: Added a helper.