Groovy Hair Salon Ltd

Key Facts

Net Assets

Current: £1,649

Previous: £5,513

Change: -3,864 (-70.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £6,359

Previous: £5,043

Change: +£1,316 (+26.1%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £3,200

Previous: £7,925

Change: -£4,725 (-59.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £4,692

Previous: £2,055

Change: +£2,637 (+128.3%)

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

Fixed Assets

Current: £157

Previous: £357

Change: -£200 (-56%)

Comment: Fixed assets fell 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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.