Tez Hairdressing Ltd

Key Facts

Net Assets

Current: £8,555

Previous: £4,333

Change: +4,222 (+97.4%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £18,143

Previous: £21,226

Change: -£3,083 (-14.5%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £391

Previous: £8,333

Change: -£7,942 (-95.3%)

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

Net Current Assets Liabilities

Current: £1,474

Previous: £3,999

Change: -£2,525 (-63.1%)

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

Fixed Assets

Current: £7,472

Previous: £8,667

Change: -£1,195 (-13.8%)

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: 5

Previous: 6

Change: -1 (-16.7%)

Comment: Lost a team member.