Wave Hair Studio Ltd

Key Facts

Net Assets

Current: £1,154

Previous: £4,555

Change: -3,401 (-74.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £17,375

Previous: £14,087

Change: +£3,288 (+23.3%)

Comment: Current assets grew moderately.

Cash

Current: £244

Previous: £3,680

Change: -£3,436 (-93.4%)

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

Creditors 1 Year

Current: £15,948

Previous: £20,603

Change: -£4,655 (-22.6%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £4,770

Previous: £4,507

Change: +£263 (+5.8%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £10,024

Previous: £11,541

Change: -£1,517 (-13.1%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.