88 Hair Studio Limited

Key Facts

Net Assets

Current: £37,879

Previous: £30,512

Change: +7,367 (+24.1%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £7,442

Previous: £12,529

Change: -£5,087 (-40.6%)

Comment: Current assets fell significantly.

Cash

Current: £1,928

Previous: £6,450

Change: -£4,522 (-70.1%)

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

Creditors 1 Year

Current: £39,702

Previous: £27,180

Change: +£12,522 (+46.1%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £32,260

Previous: £14,651

Change: +£17,609 (+120.2%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 4

Previous: 6

Change: -2 (-33.3%)

Comment: Trimmed the team by 2 people.