Ericas Hair Salon Ltd

Key Facts

Net Assets

Current: £545

Previous: £45

Change: +500 (+1111.1%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £6,963

Previous: £5,021

Change: +£1,942 (+38.7%)

Comment: Current assets increased significantly.

Cash

Current: £1,009

Previous: £1,009

Change: +£0 (+0%)

Comment: No change in cash reserves.

Creditors 1 Year

Current: £6,418

Previous: £4,976

Change: +£1,442 (+29%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £545

Previous: £45

Change: +£500 (+1111.1%)

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: Not reported

Previous: 1

Comment: Not reported