Creations Hairdressing Limited

Key Facts

Net Assets

Current: £6,491

Previous: £24,336

Change: -17,845 (-73.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £66,504

Previous: £41,905

Change: +£24,599 (+58.7%)

Comment: Current assets increased significantly.

Cash

Current: £33,758

Previous: £16,754

Change: +£17,004 (+101.5%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £60,013

Previous: £77,339

Change: -£17,326 (-22.4%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £6,491

Previous: £35,434

Change: -£28,943 (-81.7%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £17,158

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: 15

Previous: 17

Change: -2 (-11.8%)

Comment: A noticeable staff reduction.