The Truth Hairdressing Ltd

Key Facts

Net Assets

Current: £2,295

Previous: £6,343

Change: -4,048 (-63.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £46,464

Previous: £61,014

Change: -£14,550 (-23.8%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £17,787

Previous: £22,171

Change: -£4,384 (-19.8%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £10,752

Previous: £18,756

Change: -£8,004 (-42.7%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £12,933

Previous: £12,877

Change: +£56 (+0.4%)

Comment: Fixed assets increased slightly.

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: 7

Previous: 7

Change: +0 (+0%)

Comment: No change in team size.