Cygnets Hair Salon Ltd

Key Facts

Net Assets

Current: £5,577

Previous: £14,870

Change: -9,293 (-62.5%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £23,137

Previous: £36,865

Change: -£13,728 (-37.2%)

Comment: Current assets fell significantly.

Cash

Current: £17,791

Previous: £27,975

Change: -£10,184 (-36.4%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £26,002

Previous: £27,233

Change: -£1,231 (-4.5%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £2,865

Previous: £9,632

Change: -£6,767 (-70.3%)

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

Fixed Assets

Current: £8,442

Previous: £5,238

Change: +£3,204 (+61.2%)

Comment: Fixed assets increased significantly.

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.