Time Barber Ltd

Key Facts

Net Assets

Current: £1,149

Previous: £2,849

Change: -1,700 (-59.7%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £1,998

Previous: £4,597

Change: -£2,599 (-56.5%)

Comment: Current assets fell significantly.

Cash

Current: £1,814

Previous: £4,597

Change: -£2,783 (-60.5%)

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

Creditors 1 Year

Current: £4,025

Previous: £8,232

Change: -£4,207 (-51.1%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £1,998

Previous: £4,312

Change: -£2,314 (-53.7%)

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

Fixed Assets

Current: £878

Previous: £1,071

Change: -£193 (-18%)

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: 3

Change: +0 (+0%)

Comment: No change in team size.