The Barber Lounge Midlands Ltd

Key Facts

Net Assets

Current: £488

Previous: £6,176

Change: -5,688 (-92.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £8,742

Previous: £2,367

Change: +£6,375 (+269.3%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £8,543

Previous: £8,543

Change: +£0 (+0%)

Comment: No change in short‑term creditors.

Net Current Assets Liabilities

Current: £199

Previous: £6,176

Change: -£5,977 (-96.8%)

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

Fixed Assets

Current: £289

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.