The Hair Shed Ltd

Key Facts

Net Assets

Current: £1,373

Previous: £3,188

Change: -1,815 (-56.9%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £2,826

Previous: £940

Change: +£1,886 (+200.6%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £6,319

Previous: £3,212

Change: +£3,107 (+96.7%)

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

Net Current Assets Liabilities

Current: £3,493

Previous: £2,272

Change: +£1,221 (+53.7%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £5,346

Previous: £5,940

Change: -£594 (-10%)

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: 3

Previous: 2

Change: +1 (+50%)

Comment: Added a helper.