Fade Factory Barber Shop Ltd

Key Facts

Net Assets

Current: £7,225

Previous: £8,464

Change: -1,239 (-14.6%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £1,831

Previous: £9,842

Change: -£8,011 (-81.4%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £1,321

Previous: £9,452

Change: -£8,131 (-86%)

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

Creditors 1 Year

Current: £1,989

Previous: £5,068

Change: -£3,079 (-60.8%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £1,831

Previous: £9,842

Change: -£8,011 (-81.4%)

Comment: Net current assets dropped sharply, indicating a major decline 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: 5

Previous: 3

Change: +2 (+66.7%)

Comment: Strengthening the team.