The Hair Business Of Cowbridge Limited

Key Facts

Net Assets

Current: £22,910

Previous: £80,625

Change: -57,715 (-71.6%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £17,995

Previous: £94,042

Change: -£76,047 (-80.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £405

Previous: £43,756

Change: -£43,351 (-99.1%)

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

Creditors 1 Year

Current: £91,820

Previous: £69,729

Change: +£22,091 (+31.7%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £73,825

Previous: £24,313

Change: +£49,512 (+203.6%)

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

Fixed Assets

Current: £54,371

Previous: £65,489

Change: -£11,118 (-17%)

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: 32

Previous: 27

Change: +5 (+18.5%)

Comment: Solid growth.